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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 👁 13.6M

The CG Essentials

AMAZING HDRI Tool for Blender - HDRI MAKER!

⏲ 22 minutes 23 seconds 👁 8.8K

BlenDon

Blender 3.0- How To Download And Install Easy HDRI Add On

⏲ 4 minutes 4 seconds 👁 5.1K

Volkswagen and other European giants risk falling behind in an industry where manufacturing and sales dynamics are changing with incredible speed.

European electric car makers fight to catch up in China

⏲ 1:2 👁 75M

askNK

BLENDER 2.8x - HDRI MAKER 2.0 PRO ADDON! - JUST EPIC

⏲ 15 minutes 49 seconds 👁 31.1K

Andrew_D

HDRi Maker Addon - Custom Dome Projection Tutorial

⏲ 3 minutes 49 seconds 👁 1.4K

BYD, the world's largest EV maker, predicts that electric cars will completely replace petrol vehicles. This has led to a 10% decrease in prices for 50 models in the industry. BYD's main focus is budget models, but China's EV market is slowing down. Chinese carmakers are expanding overseas to compensate for declining profits. Price competition is expected to spread to international markets. BYD, backed by Warren Buffett, recorded a record profit in 2023 with an 80.7 percent year-on-year increase.

Tesla Chinese Rival BYD Predicts Aggressive EV Price War Will Lead to Massive Price Cuts

⏲ 0:35 👁 450K

The CG Essentials

The ULTIMATE GUIDE to HDRI Lighting in Blender!

⏲ 22 minutes 10 seconds 👁 3.6K

Blender Secrets

Gaffer update adds HDRI Favorites | Blender Secrets

⏲ 1 minute 1 second 👁 2.6K

Stellantis reported a 12% year-over-year decline in first-quarter revenue, citing lower sales volumes and foreign exchange impacts. Vehicle shipments fell 10% to about 1.3 million units as the company manages inventory ahead of new product launches. Stellantis is transitioning its portfolio and will launch 25 new models this year, including 18 battery-electric vehicles. Four new models were introduced in the first quarter, with the company expecting \

Jeep-maker Stellantis Reports 12% Revenue Decline in Q1 Due to Lower Sales Volumes, Sees Improved Growth and Profitability in Second Half of 2024

⏲ 0:34 👁 475K

Architecture Topics

10 Free Insane Addons Blender 2024

⏲ 8 minutes 31 seconds 👁 47.5K

Architecture Topics

Free Building Generator in blender - Buildify!

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