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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 👁 7.4M

MotoGP

MotoGP™ Full Race | 2015 #BritishGP

⏲ 1 hour 46 minutes 6 seconds 👁 831.6K

MotoGP

#ThrowbackThursday: 2015 British GP

⏲ 3 minutes 12 seconds 👁 69.1K

Julie and Tristan are lovers who are about to get married. Hoping to get a beautiful card reading, they end up receiving | dG1fbS1uQ2VSTEtPaTg

Tarot | movie | 2015 | Official Trailer

⏲ 2:46 👁 2.9M

koperumroh

MotoGP Austin 2015

⏲ 1 hour 13 minutes 21 seconds 👁 4.8K

MotoGP

2015 #QatarGP | MotoGP™ Full Race

⏲ 1 hour 16 minutes 21 seconds 👁 848.4K

Deputy Prime Minister Oliver Dowden has aimed a jibe at Angela Rayner as he joked she would be claiming the House of Commons as her principal residence soon.Ms Rayner has faced scrutiny about whether she paid the right amount of tax on the 2015 sale of her Stockport council house because of confusion over whether it was her principal residence, with Labour’s deputy leader insisting she believes she followed the law at all times.During Deputy Prime Minister’s Questions, Ms Rayner said: “I know this party opposite is desperate to talk about my living arrangements, but the public want to know what this Government is going to do about theirs.“Natalie from Brighton has been served with two no-fault eviction notices in 18 months, she joins nearly a million families at risk of homelessness due to his party’s failure to ban this cruel practice.“Now instead of obsessing over my house, when will he get a grip an show the same obsession with ending no fault evictions.”Mr Dowden replied: “To begin with it, is a pleasure to have another exchange with (Ms Rayner) in this House, our fifth in 12 months, anymore of these and she’ll be claiming it as her principal residence.”

Oliver Dowden jokes Angela Rayner may claim the House of Commons as her principal residence soon

⏲ 0:59 👁 6.6M

Adel Wajeeh

Fernando Alonso Team Radio Japan GP

⏲ 15 seconds 👁 22K

King Fish

Hamilton priceless reaction - Hungary 2007 Press Conference

⏲ 16 seconds 👁 161.9K

As the Formula One season continues to draw millions of viewers from around the world, is the sport becoming boring following Max Verstaoppen’s recent dominance? We’re taking a look at words from Christian Horner on the situation.

Formula One Chinese Grand Prix: Lando Norris deems Max Verstappen dominance as ‘turn off’ for F1 fans

⏲ 1:0 👁 171.7M

NTT INDYCAR SERIES

2015 GoPro Grand Prix of Sonoma

⏲ 3 hours 7 minutes 48 seconds 👁 45.7K

GoPro

GoPro HERO3: Almost as Epic as the HERO3+

⏲ 5 minutes 8 seconds 👁 25.4M

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