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by protomyth
5754 days ago
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I was under the impression that Ellison pays for the sponsorship out of his pockets but puts the Oracle logo on the sailboat. Also, it is the BMW Oracle team and the total amount spent was "reported" to be around $200 million. |
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Larry also owns a beach house in the mansions area of Newport, Rhode Island, aka sailing capital of the world (the main street connecting to the dwarfs is called America's Cup Avenue).