Author:
Mike Goodpaster
Publish Date:
08/03/2022
Experiences:
The man behind The Grueling Truth - Where Legends Speak
Experiences:
The man behind The Grueling Truth - Where Legends Speak
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Formula 1 Superstar Lewis Hamilton joins Denver Broncos Ownership group
After purchasing an ownership stake in the Denver Broncos, Lewis Hamilton will take his talents to the NFL. If you want to bet on the Denver Broncos this year, please go to the best betting sites for betting on the NFL.
On Tuesday, the Broncos welcomed the seven-time Formula One champion to their ownership group via Twitter.
“We are delighted to welcome Sir Lewis Hamilton, Seven-time Formula One World Champion, to our ownership group. He is a champion competitor and knows what it takes for a winning team to be successful.
Hamilton finished second at the Hungarian Grand Prix Sunday.
The F1 driver, however, has been on fire lately, with five consecutive top-three finishes.
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Hamilton Joins Broncos Rebuilding Efforts
Hamilton has more than 100 wins and is considered one of the greatest F1 drivers.
He is now a limited shareholder in the Walton-Penner Takeover.
Hamilton is the third limited shareholder to have joined the Walton-Penner Group.
Hamilton joins Mellody Hobson, Ariel Investments co-CEO and Condoleezza Rice as minor stakeholders in the Denver Broncos.
In June, the Walton-Penner Group agreed to purchase the Broncos from the Patrick D. Bowlen Trust.
Last week, the NFL finance committee unanimously recommended approval of the sale.
After the league approves the deal, the group will officially take control of the Broncos.
Broncos Sale: The Largest Ever for a US Sports Franchise
The $4.65 billion deal is the largest ever paid for an American sports franchise.
Rob Walton, the Walmart heir, leads the Walton-Penner clan. His daughter Carrier and Greg Penner are also part of the Walton-Penner clan.
The Broncos are still the tenth most valuable NFL team. However, advertising revenue set a new record in 2021, driving up the sale price.
Forbes estimates that the Broncos will be worth 3.75 Billion in 2022.
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