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WWE and Allianz Lead $20 Million Investment in Drone Racing League

Jordan "Jet" Temkin proved that the Drone Racing League has star power when he took home its first-ever championship. Drone Racing League
Gemini Sparkle

Key Takeaways:

  • The Drone Racing League (DRL) secured $20 million in a second round of investment, with contributions from existing partners (Sky, Liberty Media) and new major investors like Allianz and WWE.
  • This funding aims to solidify drone racing as a "sport of the future," building on the first season's viewership success and a vision for global expansion.
  • The upcoming second season, already filmed, is highly anticipated by pilots and management, promising "exponentially" better racing due to equipment upgrades and enhanced production, expected to attract more viewers.
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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.

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