Most expensive club ever: Lewis Hamilton buys into NFL team

Most expensive club ever
Lewis Hamilton buys into NFL team

Formula 1 superstar Lewis Hamilton enters the football business. The seven-time world champion becomes co-owner of the NFL team Denver Broncos. The Broncos were recently taken over by a group of investors led by billionaire Rob Walton, son of Walmart founder Sam Walton.

Seven-time Formula 1 world champion Lewis Hamilton puts money into football. As announced by the Denver Broncos from the US professional league NFL, the Briton has acquired shares in the franchise. It is not known what the scope is and what amount the Mercedes driver is investing. “This is a once-in-a-lifetime opportunity to make an impact on sport and work with a world-class team,” he wrote on Instagram, “I’m ready to get started and serve as an example of the value of more diverse leadership across all sports.”

“We are delighted to welcome seven-time Formula 1 World Champion Sir Lewis Hamilton to our group of owners,” Rob Walton was quoted as saying. A group around the entrepreneur, heir to the Walmart supermarket chain, took over the Broncos in June for a record sum of 4.65 billion dollars. Never before had a club in North America been sold for such a high price.

Hamilton is “a competitive champion who knows what it takes to lead a successful team,” Walton said. In addition, the racer is “a staunch advocate of global equality, including in his own sport. His resilient spirit and outstanding standard will be an asset to the ownership group and the Broncos organization.” Former US Secretary of State Condoleezza Rice joined the ownership group in July.

An investor group led by Hamilton had recently failed when attempting to take over Chelsea FC. In addition to a charitable foundation, the Mercedes driver also has shares in a restaurant chain.

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