January 27, 2016

New Drone Racing League Wants to Be the Next Nascar

DRLCompetitive video gaming is a professional sport that generates more than $700 million a year, so why not drone racing?

Thatâs the bet Nick Horbaczewski is making by starting the Drone Racing League, with the backing of investors who include Stephen Ross, owner of the National Football League team Miami Dolphins, and Lerer Hippeau Ventures, a New York venture capital firm. Horbaczewski expects most fans to watch races online, much as they do competitive gaming in the U.S. ...

The Drone Racing League is unique in that it designs and builds drones for use in its races, standardizing the equipment and reducing costs for pilots. That way, they only have to worry about navigating the drones.

Read more at BloombergBusiness

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