Move over, Mbappe: SailGP’s France franchise gets new investment from Ares Management
Ares Management has taken a minority stake in the France SailGP team, becoming the latest Wall Street player to invest in an up-and-coming global sports league. While financial terms were not disclosed, the deal places Ares alongside a diverse ownership group that includes Kylian Mbappé’s Coalition Capital and is led by French Olympian Quentin Delapierre.