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Drone Racing League CEO Nicholas Horbaczewski joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the business of racing drones and update the status of the Generation Z sports startup.<br/><br/>Founded in 2015, Drone Racing League, or DRL, is a sports technology and entertainment startup that hosts yearly tournaments where drone pilots compete for a cash prize. Horbaczewski says DRL will host its ninth season this fall and raised more than $100 million from investors, including publicly traded Liberty Media, WWE, T-Mobile, and Miami Dolphins owner Stephen Ross’s RSE Ventures—the league’s most prominent backer.<br/><br/>“It’s Formula One but with drones,” Horbaczewski tells Forbes, describing DRL. “What we’re doing is hard,” Horbaczewski adds. “It’s a combination of sports, technology, and media. So, our investors represent the best of those industries coming together to build something novel together.”<br/><br/>In the interview, the DRL chief executive explained how he lured notable investors for capital and forecast plans to expand globally. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Meet The Guy Who Raised Over $100 Million To Race Drones

⏲ 24:34 👁 8.2M

Bố Con A Lử

Single father _ made a new bed with his son, brought food to the crazy woman, and picked up the boy

⏲ 36 minutes 10 seconds 👁 2K

Lý Thị Sua

Sua and Pao resolved misunderstandings, sought to buy land to build a new life

⏲ 27 minutes 18 seconds 👁 5.4K

Ryan Gosling has claimed 'Angry Birds' \

Ryan Gosling says 'Angry Birds' 'destroyed' any chance of a sequel to 'The Nice Guys'

⏲ 1:16 👁 555K

People Vs Food

Americans Try The Most Extreme Snacks You Can Buy!

⏲ 14 minutes 33 seconds 👁 131.1K

Gun King - 无敌枪王

【Full Movie】功夫小子功夫無人能敵，絕世腿功橫掃上百人惡霸⚔️抗日MMA | Kung Fu

⏲ 1 hour 11 minutes 44 seconds 👁 152.2K

An entire episode, just to roast Donald Trump?

10 Family Guy Episodes Probably Made Out Of Spite

⏲ 10:18 👁 11.3M

Cleetus2 McFarland

I'm Changing Our Events Strategy Forever

⏲ 8 minutes 22 seconds 👁 47.7K

Vàng Thơm

The ex-husband is trying to rebuild their relationship and have a cozy reunion meal | Vàng Thơm

⏲ 40 minutes 6 seconds 👁 1.3K

This guy attempted to violently punch the punching ball in order to earn a good score. He missed the shot, hitting the machine rather than the ball, injuring his hand severely.

Guy Lands Punch on Boxing Machine Instead of Bag Hurting His Hand

⏲ 0:19 👁 990K

Biriyani Man

RAPIDO VS AUTO DRIVERS - BIRIYANI MAN

⏲ 13 minutes 57 seconds 👁 66.9K

Lý Thị Mai

There are traces of the son, the bad guy demands ransom, the government opens an investigation

⏲ 24 minutes 38 seconds 👁 22.6K

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