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F1 star Hamilton takes over shares in NFL Broncos – AFR


Seven-time Formula 1 world champion Lewis Hamilton has joined the NFL’s Denver Broncos ownership group, the team announced on Tuesday.

The Broncos inked a sale deal with the Walton-Penner family in June, subject to ownership approval for the deal, which is expected to happen next Tuesday.

“I’m excited to join an incredible group of owners and be a part of @Broncos history!” Hamilton tweeted. “It’s an honor to work with a world-class team and to serve as an example of the value of more diverse leadership across all sports.”

The 37-year-old Englishman posted a photo of his dog wearing a Broncos scarf and shirt, adding, “Roscoe already thinks he’s made the team.”

Wal-Mart business heir Rob Walton, his daughter Carrie Penner, and son-in-law Greg Penner paid $4.65 billion, the highest selling price for a North American sports team, to buy the Broncos.

Former US Secretary of State Condoleezza Rice was added to the ownership group last month and Hamilton, a record winner of 103 F1 races, is the latest high-profile investor.

“We are delighted to welcome seven-time Formula One World Champion Sir Lewis Hamilton to our ownership group,” Walton said in a statement.

“He is a competitive champion who knows what it takes to lead a winning team and a passionate advocate for global equality, including in his own sport.

“With over 100 race wins, Lewis is considered the most successful F1 driver of all time. His resilient spirit and outstanding standard will be an asset to the ownership group and the Broncos organization.”

The sale must be approved by at least 24 of the NFL’s 32 club owners to complete the purchase from the Pat Bowlen Trust. Bowlen bought the Broncos in 1984 and passed away in 2019.

The vote is likely just a formality and will be scheduled for a owners meeting next week.

The Broncos won their third Super Bowl crown in 2016 but haven’t made the playoffs since. They went 7-10 for a fifth straight losing season last year.

#star #Hamilton #takes #shares #NFL #Broncos

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