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Drone Racing League CEO Nicholas Horbaczewski joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the business of racing drones and update the status of the Generation Z sports startup.<br/><br/>Founded in 2015, Drone Racing League, or DRL, is a sports technology and entertainment startup that hosts yearly tournaments where drone pilots compete for a cash prize. Horbaczewski says DRL will host its ninth season this fall and raised more than $100 million from investors, including publicly traded Liberty Media, WWE, T-Mobile, and Miami Dolphins owner Stephen Ross’s RSE Ventures—the league’s most prominent backer.<br/><br/>“It’s Formula One but with drones,” Horbaczewski tells Forbes, describing DRL. “What we’re doing is hard,” Horbaczewski adds. “It’s a combination of sports, technology, and media. So, our investors represent the best of those industries coming together to build something novel together.”<br/><br/>In the interview, the DRL chief executive explained how he lured notable investors for capital and forecast plans to expand globally. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Meet The Guy Who Raised Over $100 Million To Race Drones

⏲ 24:34 👁 7.8M

James the Light Guy

Are Super Cheap LED Pod Lights Any Good?

⏲ 7 minutes 2 seconds 👁 2.6K

Riversidefm

PodTrack P4 Full Setup Guide and Using with Riverside

⏲ 7 minutes 6 seconds 👁 393

NASA’s Perseverance rover captures video of solar eclipse on Mars. The Mastcam-Z camera recorded video of Phobos, one of the Red Planet’s two moons, to study how its orbit is changing over time.

Mars Gets Solar Eclipses Too

⏲ 0:50 👁 6M

Lenny's Podcast

Twitter’s ex-Head of Product on Elon, consumer products, culture, more | Kayvon Beykpour

⏲ 1 hour 35 minutes 27 seconds 👁 532

Audio Masterclass

Audiophiles - You're wasting your money!

⏲ 16 minutes 28 seconds 👁 388.7K

This feel-good story starts a bit like a common joke: two 'young and dumb' schoolmates walk into a pub… But the rest is no joke because they bought it. In fact, the young men in western Queensland bypassed the banks and struck a deal with the pub's former owner, and two years on they've paid off their investment.

Gen Z publicans pay off Stonehenge Hotel in western Queensland with loan from former owner

⏲ 3:9 👁 1.5M

ScodelTh

🔊Modulo De Amplificación l 🔴TPA3116 D2 MONO🔴 l XH-M542 l 👉¡LO REVISAMOS A FONDO!😎

⏲ 15 minutes 19 seconds 👁 3.3K

Steve Guttenberg Audiophiliac

SCHIIT's new KARA PREAMP!

⏲ 21 minutes 17 seconds 👁 28.1K

Watch the official trailer for the Max music documentary Call Me Country: Beyoncé & Nashville’s Renaissance.<br/><br/>Stream Call Me Country: Beyoncé & Nashville’s Renaissance April 26, 2024 on Max!

Official Trailer for Call Me Country: Beyoncé & Nashville’s Renaissance

⏲ 0:54 👁 1.1M

Z Reviews

⭐️To Center.. or not to Center? _(Z Reviews)_ Home Theater 103

⏲ 42 minutes 46 seconds 👁 61.8K

DJ Barr

LD Systems Maui 28 G3 (Review): This will be the Best Selling Speaker in its class for DJs

⏲ 16 minutes 30 seconds 👁 14.3K

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