Formula 1

F1 News: Lewis Hamilton Is Now Part-Owner Of The Denver Broncos

As of yesterday, Lewis Hamilton is now a co-owner of the Denver Broncos, a football franchise based in Denver, Colorado. The 7-time F1 world champion now sits alongside Rob Walton, heir to Walmart. Walton bid AUD 6.71 billion under the Walton-Penner Family Ownership Group for the team.

Hamilton already has connections to the Colorado with him owning a mansion in the state. He posted the following to social media:

“Excited to join an incredible group of owners and become a part of the Broncos story,” Hamilton posted to Instagram.

“This is a once in a lifetime opportunity to impact the sport and work with a world-class team.

“I’m ready to get started and serve as an example of the value of more diverse leadership across all sports.”

2022 Hungary Grand Prix, Thursday – Jiri Krenek

Walton also released a statement, welcoming Hamilton to the team:

“He is a champion competitor, who knows what it takes to lead a winning team and a fierce advocate for global equality, including in his own sport,” Walton explained.

“His resilient spirit and standard of experience will be an asset to the ownership group and the Broncos organisation.”

All that’s left is approval from the NFL next week, and if it goes through, this will be the most money ever paid for an American sports franchise in history. This is the second bid of a similar nature from Hamilton this year, with him recently adding $17.5 million to a bid for English Premier League club Chelsea. This was eventually seen to be unsuccessful, but with the driver estimated to be worth $411 million, this likely won’t be his last large investment.

Finishing in P2 at the Hungarian Grand Prix last weekend, Hamilton is slowly pushing Mercedes back up the championship standings after a disappointing start of the season. Teammate George Russell finished P3 after his first pole position.

Alex Harrington

Alex started racing at a young age so certainly knows his way around a car and a track. He can just about put a sentence together too, which helps. He has a great interest in the latest models, but would throw all of his money at a rusty old French classic and a 300ZX. Contact: [email protected]

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