SailGP is an international sailing competition using high performance F50 foiling catamarans. The F50 boats used in the competition are one design boats maintained and operated by SailGP. Technical information is also shared between teams, which includes large amounts of data collected using Oracle systems.

The final race of the season is a match race between the two highest scoring crews over the season with the winner earning a US $1 million prize. The circuit has been funded for 5 years to allow the competition to become self sustaining.

The competition was founded by Larry Ellison, founder of Oracle and champion yachtsman Sir Russell Coutts.

The inaugural competition was in 2019 with 6 teams competing from Australia, China, France, Great Britain, Japan and the United States of America. The competition consisted of a circuit of five race meets in Sydney, San Francisco, New York, Cowes and Marseille France.