The Fan-Owned SailGP Vision

Fans will become a part of sporting history; trailblazers, getting closer to the sport than ever before as owners and community members of a new SAILGP Racing Team.

It is our goal to build a successful SailGP team with a large passionate fan/owner base (and have fun!)

The Fan-Owned SAILGP Team mission is to create a decentralized community giving governance to DAO members with a class of limited (1,950) equity token holders as team owners and an “unlimited” number of FanPass NFT holders who get access to experiences and governance rights but not ownership or any right to the profits from the business.

The team's territory combines the Caribbean and Bermuda, an internationally recognized sailing and business destination, providing the team with a diverse, culturally vibrant, and historic sailing region to mount a competitive SAILGP team.

Our plan is to:
  • Raise money to fund activation fee for team and 2 years of operations
  • Give true collective ownership to the community by successfully implementing the structure required to launch a top tier sports team that’s owned by its fans
  • Provide an inclusive opportunity to a wide set of fans with varying levels of interest and material means
  • Encourage meaningful community input while providing the team with enough autonomy to win
  • Build a hybrid bridge to blockchain investing for the more traditional investor but compelling to crypto natives

About Bernoulli | Locke (the founders)

Bernoulli | Locke is focused on creating and investing in member-based businesses organized around passions and experiences. The company invites individuals to explore their interests in new ways by utilizing the tools of Web3 to create unique and innovative community engagement and to invest in and own businesses leveraging the benefits of a DAO to better serve their passions.

About the Caribbean & Bermuda Territory

Rather than a single country for the team we wanted to pay tribute to one of the greatest sailing grounds in the world – the Caribbean & Bermuda. This includes all countries that the Caribbean Sea touches across the island chain up into the Atlantic to Bermuda including Central American countries touching the Caribbean Sea. The region is home to remarkable islands, legendary sailing, rich history, diverse culture and is a perfect home for this team.

The territory of the team is Bermuda, Antigua and Barbuda, Bahamas, Barbados, Cuba, Dominica, Dominican Republic, Grenada, Haiti, Saint Kitts, Nevis, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, Trinidad, Tobago. St. Martin/Marten Turks and Caicos, Puerto Rico, US Virgin Islands, British Virgin Islands, St. Barts, Anguilla, Aruba, Cayman Islands, Curacao, Guadeloupe, Martinique, Montserrat, St. Eustatius, Honduras, Nicaragua, Costa Rica, Panama, Belize, & Guatemala.

This broad region gives the team the opportunity to maximize athlete potential and growth, enhances possible commercial potential, counts on the appeal of the region, its colors, culture, and beauty to help drive the fan base, and factors in other opportunities.


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This site and the materials made available through it do not constitute an offer or solicitation in any state or other jurisdiction in which such an offer or solicitation is not authorized. The equity tokens described in the materials have not been registered under the U.S. Securities Act of 1933 (the “Securities Act”), as amended, or the securities laws of any U.S. state or any non-U.S. jurisdiction. The equity tokens are being offered and sold in reliance upon the exemption from the registration requirements of the Securities Act, set forth in Rule 506(c) of Regulation D, and other applicable laws. Each purchaser of the tokens must be (1) an “accredited investor” as defined in Rule 501 under the Securities Act; and (2)(a) an investor permitted under applicable laws; or (b) a U.S. investor. The equity tokens have not been approved or disapproved by the U.S. Securities and Exchange Commission or other regulatory authorities of any country, state or any other relevant jurisdiction, nor have any such authorities passed upon the merits of the equity tokens. A prospective investor must rely on his/her own examination of Fan-Owned Sail Team, LLC (the “Company”), the terms of the offering, including the merits and risks of an investment. Neither the Company nor its representatives is making any representation to any offeree or purchaser of the equity tokens regarding the advisability or legality of an investment under any applicable laws or regulations governing investments. The Company may withdraw or revoke the offering or decline to accept any subscription at any time before a notice of acceptance is provided by the Company to a prospective investor.