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:

On March 18, 2026, organizers announced St. Petersburg, Florida, will serve as the sole North American port for the 2027 edition of The Ocean Race. The city marks the fourth stop among fewer than 10 global ports on the 30,000-mile route, with participants scheduled to depart from St. Petersburg for Cascais, Portugal, during the race's third leg. Previously, on March 17, the University of South Florida confirmed it would welcome the fleet to its downtown St. Petersburg campus. Earlier, on January 28, the Ocean Race Summit Genova: Nudging the New Ocean Society took place at Palazzo Ducale in Genoa, gathering over 200 participants, including institutional representatives, young activists, researchers, sailors, and cultural operators, to discuss ocean protection. This followed the January 24 announcement detailing the 2027 Ocean Race's initial leg, which will be the longest in the event's 53-year history. The 14,000-mile leg will depart from Alicante on January 17, 2027, and conclude in Auckland, New Zealand, bypassing the traditional Cape Town stopover. The agreement with Alicante is reportedly expiring.

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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 media and TV services and water sports.
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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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