The company, owned by Wang Jianlin, one of China’s richest people, has added the Rock ’n’ Roll Marathon series to its leisure
and lifestyle portfolio by acquiring Competitor Group Inc. and transforming the American-based Ironman company into one of the largest endurance sports organizations in the world.
“As a globally recognized endurance brand, the acquisition of the world’s largest running
platform puts us in an exciting position for the future growth of running worldwide.”
Beginning in 1978 with a triathlon in Hawaii with 15 starters
that was won by a taxi driver, Ironman now hosts more than 200 events in 50 countries for more than 400,000 athletes.
Chinese Billionaire Adds Rock ’n’ Roll Marathons to Growing Ironman Empire -
By JOE DRAPEJUNE 2, 2017
Dalian Wanda, the Chinese real estate conglomerate
that has spent billions of dollars to command a prominent position in the entertainment industry, is aggressively establishing a beachhead in sports, too.