Millions tuned in to ESPN to watch Jordan “Jet” Temkin take home the Drone Racing League’s first ever championship. Millions more tuned in over a season featuring epic LED tracks in stadiums and abandoned shopping malls, and that apparently was a good enough showing for investors.
WWE and Allianz Lead $20 Million Investment in Drone Racing League
Key Takeaways:
- The Drone Racing League (DRL) secured $20 million in a second round of investment, building on strong viewership from its first season.
- New strategic investors, including Allianz (its global Title Sponsor) and WWE, joined existing partners like Sky and Liberty Media Corp. in the funding round.
- This investment aims to solidify drone racing as a major spectator sport, with DRL's CEO stating the goal is to capture the imagination of new sports fans.
- Anticipation is high for DRL's second season, promising enhanced racing with upgraded equipment and a more competitive field, expected to attract more viewers and support.
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