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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

alyankovic

Such a Groovy Guy

⏲ 3 minutes 3 seconds 👁 32.3K

Jomo and the Possum Posse

Guy On A Buffalo - Episode 1 (Bears, Indians & Such)

⏲ 2 minutes 3 seconds 👁 8.4M

Scotsman golf correspondent Martin Dempster in London for a media briefing with new DP World Tour chief executive Guy Kinnings, who has replaced the outgoing Keith Pelley.

DP World Tour media briefing in London

⏲ 1:49 👁 10.1M

Rap Samurai

Superfruit - GUY.exe (Lyrics)

⏲ 3 minutes 44 seconds 👁 10M

First Amendment Audits

Chief Of Police Hates This Guy’s RIGHTS!

⏲ 10 minutes 58 seconds 👁 11.6K

This guy was performing tricks with his scooter on the vert ramp when he jumped a little too high on the other end of the ramp. He collided with the security camera and lost his balance, tumbling to the ground.

Guy Tumbles After Colliding With Security Camera While Performing Scooter Tricks on Ramp

⏲ 0:20 👁 2.8M

Pelo Concha

Family Guy - Realistic HighSchool

⏲ 15 seconds 👁 2.1M

Dr. T. Hasan Johnson

Drizzle Drizzle, Baby...Let the Soft Guy Era Evolve

⏲ 13 minutes 21 seconds 👁 552

Anne Hathaway has slammed \

Anne Hathaway slammed \

⏲ 1:31 👁 1.5M

Rob Swindol

Family Guy (One Tree Hill)

⏲ 29 seconds 👁 91.5K

Seton Hill Studios

Reacting to Buckethead For The FIRST TIME! || Who Is This Guy?!?

⏲ 12 minutes 18 seconds 👁 345

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