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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 👁 7.6M

كرتون ايام زمان للاطفال

hello my name is susie - Tik tok

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Will Gittens

Heartbreak Anniversary - Giveon *Acoustic Cover* by Will Gittens

⏲ 2 minutes 50 seconds 👁 1.7M

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 👁 11M

Satisy

This Guy had to try this slide out 😂

⏲ 20 seconds 👁 25.4K

SOLYCE - Topic

sound like such a guy

⏲ 2 minutes 54 seconds 👁 1

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 👁 3.1M

Siphesihle Singo

⏲ 26 seconds 👁 3

Music In The Past

Anita Baker Greatest Hits Full Album 2021- Best Classic Soul Music OfAnita Baker

⏲ 1 hour 40 minutes 49 seconds 👁 494.4K

Anne Hathaway has slammed \

Anne Hathaway slammed \

⏲ 1:31 👁 1.5M

Top10Speed

this video will make you forget your name..

⏲ 10 minutes 3 seconds 👁 3.3M

Ofir Shoham

l i f e s a d r e a m

⏲ 31 seconds 👁 1.4M

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