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Larry Ellison’s Decades-Long Obsession With Competitive Sailing

Larry Ellison spent decades racing, backing America’s Cup teams and building SailGP into an annual international sailing competition.

David Ellison’s Paramount is pursuing a $110 billion acquisition of Warner Bros. Discovery that remains under regulatory review. His father, Oracle co-founder Larry Ellison, is closely involved in the financing: a trust in his name has agreed to provide roughly 40 percent of the funding. The deal also has a connection to one of Ellison’s longest-running personal interests: sailing. Paramount-owned CBS Sports Network has an agreement through 2027 to broadcast SailGP, the annual global sailing league operated by F50 League, a company majority-owned by Ellison.

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Ellison’s involvement in sailing has long combined competition and business. He raced aboard his own yachts, backed America’s Cup teams and later co-founded SailGP with his sailing partner, Russell Coutts. His competitive career dates to at least the 1990s, when he owned and served as captain of........

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