The IRONMAN Group acquires Sunrise Events, Inc., Long-Time Licensee to Celebrated IRONMAN & IRONMAN 70.3 Races in the Philippines
Global endurance leader to assume ownership and operation of Sunrise Events, Inc. portfolio of events including Regent Aguila IRONMAN 70.3 Philippines
MANILA, Philippines / TAMPA, Fla. (June 3, 2019) – The IRONMAN Group, a Wanda Sports Holdings company, announced today that it has acquired Manila-based IRONMAN licensee Sunrise Events, Inc. and all events in its portfolio, including the Regent Aguila IRONMAN® 70.3® Philippines held in the heart of Cebu.
In addition to this iconic event, the acquisition will bring into the fold IRONMAN® Philippines, IRONMAN® 70.3® Davao, IRONMAN® 70.3® Subic Bay, 5150® Cebu, 5150 Davao, 5150 Subic Bay, and the Sunlife Cycle Philippines as well as the many Sunrise Sprint, Iron Girl® and IRONKIDS® side events. The company has also hosted the IRONMAN 70.3 Asia-Pacific Championship twice in more recent years. Sunrise Events, Inc. organized its first IRONMAN® 70.3® race in Cam Sur, Philippines in 2009 with fewer than 500 triathletes, most of whom were foreign athletes. Today the full portfolio of Sunrise Events serves more than 10,000 participants.
“It has been a privilege and an incredible journey to establish the IRONMAN brand in the Philippines this past decade,” said Wilfred Steven Uytengsu, Founder of Sunrise Events, Inc. “From the infancy of Sunrise Events, we have worked to create the opportunity for Filipino triathletes to embrace multi-sport training and racing at our world-class events. At the same time, we have put the Philippines on the world triathlon map and created some of the most popular and highly regarded events amongst age groupers and professionals alike.”
The multi-award-winning Regent Aguila IRONMAN 70.3 Philippines triathlon is considered the crown jewel of the Sunrise Events portfolio. In its eleventh year of operation, it has consistently topped the IRONMAN 70.3 Athlete Choice Awards for best Post-Race Celebration and is known for its electric atmosphere and community support. The event takes place every August and sees 3,000 international athletes take on the waters at Mactan Island before traversing the roads and trails in the heart of Cebu
“Fred Uytengsu and his team built IRONMAN in the Philippines. His passion for sport and country has led to the creation of some of the best races in the world,” said Andrew Messick, President & Chief Executive Officer of The IRONMAN Group. “Sunrise Events has been a pioneer for IRONMAN in Asia and we are proud to lead the great team that Fred has established in the Philippines on to more success in the future.”
Uytengsu will continue serving as an Ambassador for IRONMAN in the Philippines while Princess Galura will remain General Manager.
“We are very excited to welcome our long-term partner into the IRONMAN family,” said Geoff Meyer, Managing Director for IRONMAN Asia, who will oversee the Philippines business. “Having hosted two IRONMAN 70.3 Asia-Pacific Championship events in 2016 and 2018, Sunrise Events, Inc. has an outstanding reputation among our athletes for delivering world-class events. We see tremendous growth opportunities in the Philippines in marathon, trail running, and mountain biking, and I have no doubt Sunrise Events will bring tremendous value and expertise to the table as we look to introduce new events in the future.”
The IRONMAN Group in Asia will add Manila to its corporate office locations, adding to offices in Singapore and Kuala Lumpur, Malaysia. The IRONMAN Group now has 29 offices globally.
All previously announced race information for each of the events, including race date, will remain the same.
About Sunrise Events, Inc.
Sunrise Events, Inc. was established in 2008 by Wilfred Steven Uytengsu after it was granted the IRONMAN 70.3 license by The IRONMAN Group. Fred is a businessman, sportsman and an IRONMAN finisher. The vision of the company is to stage world class events and put the Philippines in the sports tourism map of the world. Sunrise Events, Inc. currently stages over a dozen events per year and has had the exclusive rights to the IRONMAN, IRONMAN 70.3, 5150, XTERRA, IronGirl and IRONKIDS events. The company has received multiple awards in the Philippines and in Asia for excellence in race organization and sports tourism. Its centerpiece event, the IRONMAN 70.3 held in Cebu is known to be the Crown Jewel of Asia in the IRONMAN world. For more information, visit www.v2.sunriseevents.com.ph/.
About The IRONMAN Group
As part of Wanda Sports Holdings, The IRONMAN Group operates a global portfolio of events that includes the IRONMAN® Triathlon Series, the IRONMAN® 70.3® Triathlon Series, 5150™ Triathlon Series, the Rock ‘n’ Roll Marathon Series®, Iron Girl®, IRONKIDS®, International Triathlon Union World Triathlon Series races, road cycling events including the Velothon® Series, mountain bike races including the Absa Cape Epic®, premier marathons including the Standard Chartered Singapore Marathon, trail running like Ultra-Trail Australia™, and other multisport races. IRONMAN’s events, together with all other Wanda Sports Holdings events, provide more than a million participants annually the benefits of endurance sports through the company’s vast offerings. The iconic IRONMAN® Series of events is the largest participation sports platform in the world. Since the inception of the IRONMAN® brand in 1978, athletes have proven that ANYTHING IS POSSIBLE® by crossing finish lines at the world’s most challenging endurance races. Beginning as a single race, IRONMAN has grown to become a global sensation with more than 230 events across 53 countries. For more information, visit www.ironman.com.
About Wanda Sports Holding
Wanda Sports Holdings is the world’s leading sports business entity, founded to capture the opportunities in the global sports industry and to contribute to the prosperous international sports landscape – in three key areas: 1) Spectator Sports (media and marketing business), 2) Participation Sports (active lifestyle business), 3) Services (digital, production and service business). Wanda Sports Holding incorporates the international sports marketing company Infront Sports & Media, the iconic endurance brand IRONMAN, and Wanda Sports China. The headquarters are in Guangzhou, China.