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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 👁 5.6M

A for Adley - Learning u0026 Fun

Adley & Navey vs BOWSER DAD!!Mini game battle for stars at Clair's Real Life Mario Party Birthday!

⏲ 35 minutes 38 seconds 👁 870.8K

A for Adley - Learning u0026 Fun

PiRATE FAMiLY lost at SEA!!Adley finds a Beach & Magic Treasure Map! Floor is Lava pretend play ☠️

⏲ 17 minutes 15 seconds 👁 26.7M

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 👁 4.4M

Lil Pump

Lil Pump - ESSKEETIT [Official Music Video]

⏲ 3 minutes 3 seconds 👁 268.9M

Earrapes

Grubhub Ad EARRAPE

⏲ 30 seconds 👁 1.2M

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 👁 860K

Jordan Matter

MY BEST FRIEND WALKS AGAIN

⏲ 25 minutes 15 seconds 👁 173K

Baby Doll Channel Russian

Мама vs Мачеха! Как Выбрать Между Хорошей и Плохой Мамой?

⏲ 2 hours 30 minutes 23 seconds 👁 4.5K

Childish Gambino has previewed two new tracks featuring Kanye West and Kid Cudi.

Childish Gambino has previewed two new tracks featuring Kanye West and Kid Cudi

⏲ 1:33 👁 275K

PaRaRa

Hot vs Cold Food Challenge by PaRaRa

⏲

Like Nastya Show

Nastya and the magical food of superheroes

⏲ 8 minutes 7 seconds 👁 60M

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