Hong Kong is on course to benefit from hosting SailGP event
Having signed a one-year contract with the racing league that could be extended, the city must now ensure the event runs smoothly
The SailGP championships, in which national teams of sailors compete in high-speed races at iconic locations around the world, have become one of the sport’s most exciting contests.
Featuring identical catamarans propelled by the wind and capable of reaching speeds of more than 100 km per hour, the races have grown rapidly in stature and popularity since the first event in 2019.
The choice of Hong Kong as the venue for the opening race of the 2027 season, in January, is therefore a coup for the city. The high-profile regatta will take place in Victoria Harbour, with its famous skyline as a backdrop, providing the perfect setting.
SailGP’s Hong Kong race has been awarded “M” mark status, recognising it as a major international sports event. The funding framework offers up to HK$15 million in financial support and promotional backing. In return, the city can expect the regatta to provide substantial economic benefits. SailGP has exceeded US$200 million in revenue this year and says it generated more than US$26 million in economic activity for host cities in 2025.
The races are a good fit for Hong Kong, with its rich maritime history and determination to succeed as a high-end tourist destination, including as a hub for yachts.
Race locations include New York, Perth and Rio de Janeiro. The championships also promote sustainability and inclusivity.