The Ocean Race is a privately owned company headquartered in Spain. Founded in 1973, it employs approximately 130 individuals and reported $46.3M in revenue as of 2023. Functioning as a tier 3 media tech buyer, the company specializes in water sports, managing and overseeing the global sailing event (the Ocean Race), a competition that takes place every few years and covers multiple legs around the world.

Revenue

Founded

1973

Headcount

122

Headquarters

Spain

Primary Segment

Water sports

Ownership

Privately Owned

News Summary:

The Ocean Race Summit Genova, focusing on "Nudging the New Ocean Society" and ocean protection, convened over 200 participants, including institutional representatives, young activists, researchers, sailors, and cultural operators, at Palazzo Ducale in Genoa on January 28. Previously, on January 24, The Ocean Race confirmed a record-breaking opening leg for its 2027 race, set to depart Alicante, Spain, on January 17, 2027. This 14,000-mile stage to Auckland, New Zealand, will be the longest in the race's 53-year history, notably skipping the traditional Cape Town stopover. The agreement with Alicante is currently expiring. This confirmation followed news on January 21 that Alicante would host the departure of this historic stage. Earlier, on January 23, Auckland was confirmed as a stopover for The Ocean Race, which features fully-crewed, semi-foiling IMOCA 60fters.

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The Ocean Race offers 2 products in the media and telecoms services and sports industries. The Ocean Race's product portfolio comprises of water sports and media and TV services.
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The Ocean Race's revenues were less than $100M in 2023. Caretta Research has split The Ocean Race's revenue into 2 different product categories, the largest of which is sailing. For full access to The Ocean Race's revenue breakdown subscribe to Caretta Portal.
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The Ocean Race sells broadcasting rights of its sailing competitions to 3 companies globally, covering 3 countries. The Ocean Race's rights holders include YouTube.

Example Sports Rights Customers

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