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) successfully concluded its first season, attracting millions of viewers, and secured a significant $20 million second round of investment.
- The investment round was led by existing partners like Sky and Liberty Media Corp., and saw new strategic investors including Allianz (Title Sponsor) and World Wrestling Entertainment (WWE).
- DRL's CEO emphasized the goal of solidifying drone racing as the sport of the future, with the upcoming second season expected to feature enhanced technology, more competitive racing, and improved storytelling to further engage audiences.
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