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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
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El Chapucero TODAY
DE ULTIMA HORA! ESTO ES IMPERDONABLE, A HORAS DEL DEBATE PRESIDENCIAL. SE PUSO SERIO
⏲ 26 minutes 29 seconds 👁 4.8K
All Elite Wrestling
DEBUTING team of Grizzled Young Vets face former tag champs The Acclaimed! | 4 27 24 AEW Collision
⏲ 6 minutes 2 seconds 👁 5.3K
Friday Night Smackdown Live 4/26/2024 #wwe #smackdown
WWE Smackdown Live Full Show 26th April 2024 Part 2
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TIM TIN
Homeless Dancer Was Adopted by Royal Family! My Boyfriend is a Prince
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Jesser Reacts
0 IQ People On TikTok!
⏲ 18 minutes 7 seconds 👁 50.7K
Featuring Glacier, Gigi Dolin and a wrestler who, erm, wasn't particularly \
10 Wrestlers You Totally Forgot Wrestled For AEW
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MrBeast
In 10 Minutes This Room Will Explode!
⏲ 10 minutes 👁 14M
All Elite Wrestling
The RETURN of Los Ingobernables’ RUSH! | 4 27 24, AEW Collision
⏲ 4 minutes 26 seconds 👁 6.1K
WWE Smackdown 4/26/24 (April 26th 2024) 26/4/24 Full Show
WWE Smackdown 4\ 26\ 24 (April 26th 2024) 26\ 4\ 24 Full Show
⏲ 1:27:10 👁 1.3M
Wrestling Justice
WWE 27 April 2024 Roman Reigns Brutal Attack Tama Tonga & Solo Sikoa Undisputed Championship
⏲ 20 minutes 2 seconds 👁 74.3K
All Elite Wrestling
“The Virtuosa” vs “La Mera Mera”! Deonna Purrazzo faces Thunder Rosa! | 4 27 24 AEW Rampage
⏲ 6 minutes 48 seconds 👁 3.8K
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