Upstart America’s Cup rival SailGP is making hay while the America’s Cup disolves into its usual in-fighting scenario that is the norm for the old Mug between events.Russell Coutts, co-founder of the SailGP circuit with US software billionaire Larry Ellison, recently told SportBusiness.com that the SailGP circuit, would become profitable once a title sponsorship for the series is signed.The target is ten teams for the full SailGP circuit, which currently stands at eight teams with a ninth team signed, leaving just one franchise available.SailGP currently has eight international venues signed-up for the two-day racing events.

Source: SailGP making hay while America’s Cup heads for the courts – Sailweb