World Triathlon Corporation think we're wrong, we're wrong." World Triathlon Corporation The World Triathlon Corporation (WTC) is a business corporation, owned by Chinese conglomerate Wanda Group, that produces the Ironman Triathlon, Ironman 70.3, the 5150 series of triathlon races, and other sports events. WTC owns "Ironman"−related trademarks. In 1990, Dr. James P. Gills, with the help of Lew Friedland, acquired and purchased the Hawaii Triathlon Corporation, owner of the Ironman Brand, for $3 million from Valerie Silk. With the Ironman brand, Gills established the World Triathlon Corporation with the intention of furthering the sport of triathlon and increasing prize money for triathletes. Ben
World Triathlon Corporation running; which is used to license triathlon events around the world. The first events to take on Ironman licensing include events in Canada, New Zealand and Australia, all of which formed in the 1980s. Since then, Ironman event licensing has gone global, with the creation of the Ironman 70.3 series in 2005 and the 5150 series beginning in 2011. The WTC licenses the Ironman and Ironman Triathlon logo and other related marks to various corporations for use in their product lines. An example is the licensing to Timex Group USA of the Ironman Triathlon logo for use in the Ironman