The Ocean Race, a privately owned company headquartered in Spain, was founded in 1973 and operates with approximately 130 employees. The company specializes in water sports, managing and overseeing the global sailing event known as The Ocean Race, a competition that takes place every few years and covers multiple legs around the world.
La Generalitat is seeking to attract companies to sponsor The Ocean Race 2027, which will depart from Alicante in January, by offering tax deductions due to its recognition as an event of exceptional public interest. Previously, on September 10, 2026, Paul Meilhat's United by the Ocean (FRA) won the inaugural edition of The Ocean Race Atlantic, completing the 3,300-nautical mile transatlantic course in Lorient, France. This followed an event on September 7, when Francesca Clapcich, skipper of 11th Hour Racing, made a live call with United Nations Secretary-General's Special Envoy for the Ocean Peter Thomson while racing in The Ocean Race Atlantic, marking the Envoy's first call with a team during an offshore sailboat race. Earlier, on September 2, six international IMOCA crews competing in The Ocean Race Atlantic departed New York Harbor after a ceremonial start in front of the Statue of Liberty, heading for a virtual start line 145 miles offshore to reduce the risk of encounters with marine mammals.
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The Ocean Race offers 2 products in the sports and media and telecoms services industries. The Ocean Race's product portfolio comprises of water sports and search, social, and retail media.
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The Ocean Race's revenues were less than $50M in 2024. 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.
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