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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 👁 3M

A to Z By The Alphabet Logo Song By Music With On Kinemaster

⏲ 30 seconds 👁 129.6K

FMKIRKSIDE

⏲ 2 minutes 25 seconds 👁 809.1K

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 👁 2.7M

Ayan Akbar

A to Z Children's Book (Commercial Propaganda)

⏲ 3 minutes 6 seconds 👁 782.5K

Guess The LOGO By Alphabet Lore A-Z

⏲ 5 minutes 52 seconds 👁 21.7K

Get to know OPM indie band Rise High as they try to name a song for every letter of the alphabet in this 'A to Z Song Challenge' video from Playlist Extra.<br/>

Playlist Extra: Rise High does the 'A to Z Song Challenge'

⏲ 2:5 👁 1.9M

André Monzón

abc steven song with logos

⏲ 1 minute 13 seconds 👁 358.2K

Jam Fan AUTTP / WindowTVChannel

Logo Alphabet Song

⏲ 35 seconds 👁 63.5K

Customized Dodge Challenger Boasts MASSIVE 34-Inch Rims

⏲ 4:48 👁 4.5M

AngDelCru1201

zellers a to z logos

⏲ 39 seconds 👁 67.9K

Oreo

⏲ 25 seconds 👁 250.3K

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