Sebastien Vettel has invested an undisclosed amount in the launch of this team, alongside German businessman Thomas Riedel. The German team will compete in the first event of the 4th season of the circuit, which starts in Chicago next month, on June 16 and 17.

The two men handed over the helm of their F50, one of the fastest boats on the water reaching nearly 100 km/h, to sailor Erik Heil, 33, a two-time bronze medallist in Olympic sailing.