Grand Banks’ Palm Beach unit buys Wild Oats XI, to race as Palm Beach XI in 2025 Sydney Hobart

Like
Comment
Favorite

Grand Banks’ Palm Beach unit buys Wild Oats XI, to race as Palm Beach XI in 2025 Sydney Hobart

SGX Filings2025-10-24

Grand Banks Yachts Limited (GBY:SP) said on Oct, 24 2025 that its subsidiary Palm Beach Motor Yachts has acquired the 100-foot Supermaxi ocean-racing yacht Wild Oats XI.

The yacht will be renamed Palm Beach XI and fitted with a new deeper keel fin and bulb, upwind daggerboards and C-foils before competing in the 80th Rolex Sydney Hobart Yacht Race in Dec, 2025.

Palm Beach Motor Yachts founder and chief executive Mark Richards, who previously skippered Wild Oats XI to nine line-honours victories in the same race, will remain skipper of the vessel.

Grand Banks added that Palm Beach XI will be unveiled at the Fort Lauderdale International Boat Show on Oct, 29 2025 and will lead a two-year global race campaign aimed at showcasing technology that can be transferred to the company’s motor-yacht range.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1191826847?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-24 18:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1191826847","market":"sg","top_or_hot":-1,"title":"Grand Banks’ Palm Beach unit buys Wild Oats XI, to race as Palm Beach XI in 2025 Sydney Hobart","media":"SGX Filings","content":"\n<p>Grand Banks Yachts Limited (GBY:SP) said on Oct, 24 2025 that its subsidiary Palm Beach Motor Yachts has acquired the 100-foot Supermaxi ocean-racing yacht Wild Oats XI.</p>\n<p>The yacht will be renamed Palm Beach XI and fitted with a new deeper keel fin and bulb, upwind daggerboards and C-foils before competing in the 80th Rolex Sydney Hobart Yacht Race in Dec, 2025.</p>\n<p>Palm Beach Motor Yachts founder and chief executive Mark Richards, who previously skippered Wild Oats XI to nine line-honours victories in the same race, will remain skipper of the vessel.</p>\n<p>Grand Banks added that Palm Beach XI will be unveiled at the Fort Lauderdale International Boat Show on Oct, 29 2025 and will lead a two-year global race campaign aimed at showcasing technology that can be transferred to the company’s motor-yacht range.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grand Banks’ Palm Beach unit buys Wild Oats XI, to race as Palm Beach XI in 2025 Sydney Hobart</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrand Banks’ Palm Beach unit buys Wild Oats XI, to race as Palm Beach XI in 2025 Sydney Hobart\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2025-10-24 18:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n\n<p>Grand Banks Yachts Limited (GBY:SP) said on Oct, 24 2025 that its subsidiary Palm Beach Motor Yachts has acquired the 100-foot Supermaxi ocean-racing yacht Wild Oats XI.</p>\n<p>The yacht will be renamed Palm Beach XI and fitted with a new deeper keel fin and bulb, upwind daggerboards and C-foils before competing in the 80th Rolex Sydney Hobart Yacht Race in Dec, 2025.</p>\n<p>Palm Beach Motor Yachts founder and chief executive Mark Richards, who previously skippered Wild Oats XI to nine line-honours victories in the same race, will remain skipper of the vessel.</p>\n<p>Grand Banks added that Palm Beach XI will be unveiled at the Fort Lauderdale International Boat Show on Oct, 29 2025 and will lead a two-year global race campaign aimed at showcasing technology that can be transferred to the company’s motor-yacht range.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"G50.SI","symbol_name":"GB控股","start_time":0,"source_url":"","article_id":"1191826847","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191826847","pubTimestamp":1761301389,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Grand Banks Yachts Limited (GBY:SP) said on Oct, 24 2025 that its subsidiary Palm Beach Motor Yachts has acquired the 100-foot Supermaxi ocean-racing yacht Wild Oats XI. The yacht will be renamed...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"G50.SI":"GB控股"},"translate_title":"Grand Banks的棕榈滩部门收购Wild Oats*，将作为棕榈滩*参加2025年悉尼霍巴特比赛","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"G50.SI":1},"content_text":"Grand Banks Yachts Limited (GBY:SP) said on Oct, 24 2025 that its subsidiary Palm Beach Motor Yachts has acquired the 100-foot Supermaxi ocean-racing yacht Wild Oats XI.\nThe yacht will be renamed Palm Beach XI and fitted with a new deeper keel fin and bulb, upwind daggerboards and C-foils before competing in the 80th Rolex Sydney Hobart Yacht Race in Dec, 2025.\nPalm Beach Motor Yachts founder and chief executive Mark Richards, who previously skippered Wild Oats XI to nine line-honours victories in the same race, will remain skipper of the vessel.\nGrand Banks added that Palm Beach XI will be unveiled at the Fort Lauderdale International Boat Show on Oct, 29 2025 and will lead a two-year global race campaign aimed at showcasing technology that can be transferred to the company’s motor-yacht range.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}