Ryan Reynolds and Hugh Jackman are buying a competitive sailing team.

The Deadpool Wolverine duo are now co-owners of the Bonds Flying Roos, the Australian team that competes in SailGP, the international sailing competition founded in 2019 by Oracle founder Larry Ellison and world champion yachtsman Russell Coutts. SailGP sees 12 national teams competing in races held around the world using technologically advanced catamarans.

The addition of Reynolds and Jackman as co-owners coincides with Bonds, an Australian underwear brand, coming aboard as sponsor of the team, which will compete at the New York Grand Prix this weekend. Were incredibly excited to set sail together in this new adventure, Reynolds and Jackman said in a joint statement. Hugh brings a deep love for and pride in his home country as well as being an avid fan of sailing. He will also be bringing his overly clingy emotional support human along for the ride. Apologies in advance to Australia. No comment on whether were writing this in our Bonds. No further questions.

This is an incredible milestone for us and for our sport, having global icons Hugh Jackman and Ryan Reynolds come on board as co-owners of our team, added Tom Slingsby, driver, CEO co-owner of the Bonds Flying Roos. They bring unmatched star power, a love for storytelling, and a sharp sense of humour that fits perfectly with our team. With Bonds joining as our Title Partner and the launch of the Bonds Flying Roos, were building something distinctly Australian; a team driven by spirit, resilience, and national pride.

Reynolds has been active in the sports space, most recently acquiring the Welsh soccer team Wrexham AFC with his friend Rob McElhenney. The team has seen great success since the acquisition, and its growth has been chronicled in the FX series Welcome to Wrexham. Reynolds and McElhenney also invested in the Alpine Formula 1 team, as well as the Mexican soccer team Club Necaxa.