American Magic will operate the team, with title sponsor Rockwool retaining its inventory.

American Magic, the sailing team operator owned by Amway’s Doug DeVos, has acquired SailGP’s Denmark-based Rockwool Racing team for $60M. The team was previously owned by the league.

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American Magic, the sailing team backed by U.S. sports investor Doug DeVos, has bought Danish SailGP speed record holders ROCKWOOL Racing in a $60 million deal launched on the eve of the global league ...

Pensacola is now home to its own SailGP team, with American Magic announcing that it has bought Rockwool Racing for $60 ...

It seems that DeVos - backer of American Magic in the 2021 and 2024 America's Cups, is staying true to his stated intention ...

The fastest SailGP team on water is off the market. Ahead of this weekend’s regatta in Auckland, the global foiling league ...

Editor's note: The following op-ed is adapted from author Doug DeVos's new book, "Believe! A Timeless Endorsement of American Principles" (50th Anniversary Edition), (Post Hill Press, Nov. 25, 2025).

PENSACOLA, Florida (AP) — There will be no American boat in the America's Cup for the first time in the event's 175-year history. The team representing the New York Yacht Club announced Tuesday that ...

Pensacola is set benefit from the SailGP and American Magic five-year agreement to bring the entire SailGP fleet to Pensacola ...

After mounting two campaigns for the 2021 and 2024 editions of the America’s Cup, U.S. businessman Doug DeVos has now pivoted towards SailGP ...