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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 👁 14.3M

Dorothy Tutorials

How To Use Windows Movie Maker | STEP BY STEP For Beginners (FULL TUTORIAL + DOWNLOAD LINK)

⏲ 22 minutes 14 seconds 👁 153.6K

Dorothy Tutorials

Movie Maker Tutorial | Learn Movie Maker in 9 minutes

⏲ 9 minutes 45 seconds 👁 158.3K

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 👁 75.7M

Duc

My Movie Maker 3 animation

⏲ 13 seconds 👁 20.5K

Villain Wins.mid

Grandpa Found the Car Keys

⏲ 21 seconds 👁 5.1M

Sunderland's next generation Maker & Faber office blocks nearing completion

Sunderland's next generation Maker & Faber office blocks nearing completion

⏲ 0:50 👁 650K

swivv

movie maker 3 animation thingy

⏲ 6 seconds 👁 68.6K

Sereneei

Movie Maker 3: Fight Scene

⏲ 42 seconds 👁 104.1K

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 👁 770K

Vince Opra

iMovie Tutorial for Beginners 2023 - Everything You NEED to KNOW!

⏲ 24 minutes 57 seconds 👁 155.2K

Teacher's Tech

How to use Microsoft's FREE Video Editor - Clipchamp Beginners Tutorial

⏲ 30 minutes 54 seconds 👁 123.2K

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