Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, one of the world\u2019s leading sovereign investors with US$243 billion of assets under management, today announced its investment in SX Global, an Australian company established to develop, promote, and commercialize the FIM Supercross World Championship.<\/p>\n\n\n\n
Mubadala Capital has established a track record of successfully investing in category leaders across sports, media, and entertainment\u2014including EMI Music Publishing, Endeavor Group Holdings, Reigning Champs, Ultimate Fighting Championship (UFC) and the Yankees Entertainment and Sports Network (YES Network), among others\u2014and this investment continues its history of backing world-class management teams in building differentiated global sports, media and entertainment businesses.<\/p>\n\n\n\n
Mubadala Capital\u2019s investment will support SX Global\u2019s expansion plans for supercross and its efforts to capitalize on the exclusive rights it has secured from the F\u00e9d\u00e9ration Internationale de Motocyclisme (FIM) to manage and promote the new FIM Supercross World Championship, bringing the exciting sport of off-road motorbike racing to fans across the globe in a new competitive format.<\/p>\n\n\n\n
\u201cOur commitment to SX Global and the FIM Supercross World Championship builds on our strategy and track record of selectively investing in premier content properties with strong global appeal,\u201d said Adib Martin Mattar, Head of Private Equity at Mubadala Capital. \u201cWe expect that our investment in SX Global will introduce the exciting sport of professional supercross to a global audience and build lasting value by delivering an authentic, exciting and fan-centric experience.\u201d<\/p>\n\n\n\n
SX Global\u2019s President, Tony Cochrane, added, \u201cWe\u2019re proud to partner with Mubadala Capital, a company that shares our vision and global aspirations for the FIM Supercross World Championship. With the international reach, resources, and business building experience of Mubadala Capital alongside us, we\u2019re looking forward to establishing FIM Supercross World Championship as a leading global motorsport and entertainment property.\u201d<\/p>\n\n\n\n
Representing Mubadala Capital on the SX Global Board of Directors will be Matt Kim and Russ Pillar, who collectively bring decades of experience backing and leading global sports, media, and entertainment companies. They will be joining Tony Cochrane, SX Global\u2019s President; Adam Bailey, SX Global\u2019s Managing Director (Motorsport); Ryan Sanderson, SX Global\u2019s Managing Director (Commercial); Tom Potter, Rush Sport & Entertainment; and Tavo Hellmund, Founder, Event Partners Marketing, on SX Global\u2019s Board of Directors.<\/p>\n\n\n\n
In December 2021, the FIM awarded SX Global the exclusive organisational and commercial rights to stage, manage and promote the FIM Supercross World Championship. Under the leadership of the SX Global Team, and with the financial backing and support of Mubadala Capital, Supercross will become a true global sports property, competing on a legitimate international platform for the first time in history. The FIM Supercross World Championship will commence in late 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, today announced its investment in SX Global.<\/p>\n","protected":false},"author":1,"featured_media":2009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,47],"tags":[],"acf":[],"yoast_head":"\n