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American Magic purchases Danish SailGP team in major deal
business Feb 13, 2026, 6:00 AM
American Magic purchases Danish SailGP team in major deal
  • American Magic acquired ROCKWOOL Racing in a $60 million deal on February 12, 2026.
  • The team will continue to represent Denmark and adhere to nationality rules in SailGP.
  • The acquisition aligns with SailGP's transition to private team ownership and demonstrates American Magic's ambition in the sport.
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