Formula 1 Champion Lewis Hamilton Joins Denver Broncos Ownership Group

Another high-profile ownership stake in the acquisition of the Broncos.

Sports
1.9K 3   Comments
Prefer Hypebeast on Google
Save

Gearing up for the final steps for the purchase of the Denver Broncos, Walmart heir Rob Walton has announced that the ownership group, Walton-Penner group has added yet another high-profile investor to seal the deal.

The acquisition, which is set for August 9, will now see the seven-time Formula 1 champion Lewis Hamilton will now have an ownership stake in the team. Hamilton joins United State Secretary of State Condoleezza Rice, who joined as an investor in the group last month. In a statement from Walton, he welcomes Hamilton into the Broncos family stating, “We’re delighted to welcome seven-time Formula One World Champion Sir Lewis Hamilton to our ownership group. He is a champion competitor who knows what it takes to lead a winning team.”

Earlier today, Hamilton expressed his excitement to become a part-owner of the NFL team sharing, “Excited to join an increidble group of owners and become a part of the @Broncos story!!” As the monthslong sale nears the end, it remains to be seen who else will be brought on as part-owner. The deal was first brought forward in June when the Walton-led group agreed to purchase the Broncos for $4.65 billion USD. The NFL is scheduled to put the sale to vote between the team owners on August 9.

Take a look at the announcements below.

Elsewhere in sports, two-time Formula 1 world champion Fernando Alonso joins Aston Martin on a multi-year deal.

Read Full Article
Text By
Share this article
Joyce Li
Joyce Li Editor

For over half a decade, Joyce Li has served as an Editor on Hypebeast's global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.

What to Read Next

Why Lewis Hamilton's Ferrari F40 Arrival Is an Automotive Milestone and Every Collector's Dream
Automotive

Why Lewis Hamilton's Ferrari F40 Arrival Is an Automotive Milestone and Every Collector's Dream

The seven-time world champion’s 69-kilometer original featuring engine block number 44 marks a historic moment for car culture.

Inside Lewis Hamilton's Golf Lesson With Min Woo Lee
Golf

Inside Lewis Hamilton's Golf Lesson With Min Woo Lee

Min Woo Lee discusses coaching Lewis Hamilton in lululemon’s new ‘Rest Day’ series, revealing how the F1 champion approaches golf, learning and competition.

Lewis Hamilton Enters a New Era With First Formula 1 Win for Ferrari in Barcelona
Sports

Lewis Hamilton Enters a New Era With First Formula 1 Win for Ferrari in Barcelona

The British icon snaps a two-year winless streak with a masterclass strategy in Spain.


Lewis Hamilton Shuts Down Retirement Rumors
Sports

Lewis Hamilton Shuts Down Retirement Rumors

The British driver reaffirms that his Ferrari contract runs to 2027 as he targets future titles despite a challenging campaign start.
1 Sources

Kevin Durant Taps Music Producers for His Next KD 15 Collabs
Footwear

Kevin Durant Taps Music Producers for His Next KD 15 Collabs

Boi-1da and Cardo lend their touch to Slim Reaper’s latest signature.

Kaytranada and Anderson .Paak Host a Warehouse Rave in New "Twin Flame" Video
Music

Kaytranada and Anderson .Paak Host a Warehouse Rave in New "Twin Flame" Video

Marking the former artist’s hotly-anticipated return.

Todd Bienvenu Presents 'JOMO (Joy of Missing Out)'
Art

Todd Bienvenu Presents 'JOMO (Joy of Missing Out)'

On view at Almine Rech NYC.

Steve Lacy Unveils ‘Give You the World’ Tour
Music

Steve Lacy Unveils ‘Give You the World’ Tour

Supporting his sophomore album, ‘Gemini Rights.’

NASA’s Webb Telescope Captures Breathtaking Photo of Cartwheel Galaxy
Tech & Gadgets

NASA’s Webb Telescope Captures Breathtaking Photo of Cartwheel Galaxy

Demonstrating the formation of stars.

Prada’s Padded Nylon Scarf Is Made for Black Puffers
Fashion

Prada’s Padded Nylon Scarf Is Made for Black Puffers

With a small leather triangle bag.


Nike Air Zoom Flight 95 Surfaces in a New Minimal Colorway
Footwear

Nike Air Zoom Flight 95 Surfaces in a New Minimal Colorway

Expected to arrive this Fall.

Take a Look at the Initial Reactions to Brad Pitt's 'Bullet Train'
Entertainment

Take a Look at the Initial Reactions to Brad Pitt's 'Bullet Train'

Critics are divisive with how they feel about the upcoming release.

'Atlanta' Final Season Trailer Sees the Donald Glover-Led Cast Return to the Namesake City
Entertainment

'Atlanta' Final Season Trailer Sees the Donald Glover-Led Cast Return to the Namesake City

The final installment airs on FX and Hulu on September 15.

Clarks Originals Releases Pokémon Collaboration
Footwear

Clarks Originals Releases Pokémon Collaboration

Bridging comfort and childhood nostalgia in one silhouette.

An IRL 'Squid Game' Multiplayer Experience Is Officially Launching in the US and UK
Gaming

An IRL 'Squid Game' Multiplayer Experience Is Officially Launching in the US and UK

Using motion-sensing and touchscreen technology to recreate the experience of the games.

Perrotin Announces Second Gallery in Seoul
Art

Perrotin Announces Second Gallery in Seoul

Located in the Gangnam district and opening this September.

More ▾