• Loading stock data...
Sunday, January 26, 2025

Brady Adds To Bursting Portfolio With Electric Raceboat Team

  • NFL legend joins Nadal, Perez, Drogba in new racing league
  • Venture adds to what was already a fast-growing set of business interests
Susan Mullane-USA TODAY Sports

NFL legend Tom Brady has added yet another property to his burgeoning sports portfolio — this time, he’s venturing into an electric raceboat competition.

The seven-time Super Bowl champion, who officially retired earlier this year, signed on as a team owner in the UIM E1 World Championship. Brady joins a growing roster of other celebrity owners in the new competition including tennis great Rafael Nadal, Formula 1 driver Sergio Perez, and soccer legend Didier Drogba.

The racing series — which features top speeds of about 100 miles per hour and prioritizes environmental responsibility — will begin next year with a race in Jeddah, Saudi Arabia.

Brady’s move adds to a quickly growing set of business pursuits, including his health and wellness brand TB12, multiplatform production company 199 Productions, apparel brand BRADY, and NFT startup Autograph. On the franchise front, Brady has invested in a Major League Pickleball team and has equity stakes in the WNBA’s Las Vegas Aces and NFL’s Las Vegas Raiders — teams both owned by Mark Davis.

Additionally, Brady remains set to be a featured broadcaster on Fox Sports’ NFL coverage beginning in 2024.

In a statement part of the announcement of the new team, Brady continued his well-known obsession for winning: “My message to our competition: be prepared for second place because we are aiming for the top.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jaguars Land Coen in Stunning Move As NFL Coaching Carousel Nears End

Plenty of money is flying around as teams fill out their coaching staffs.

EA Sports Stumbles: Stock Plummets As Soccer Game Misses the Goal

A downbeat forecast sends shares in the video game developer tumbling.

Disney CEO Bob Iger’s Pay Soars to $41M As Succession Plans Take..

Iger’s total compensation is up 30% from $31.6 million in 2023.

Aikman, Brady, Brees Call for Officiating Changes After Mahomes Antics

The league has been accused of favoring Patrick Mahomes and the Chiefs.

Featured Today

PWHL arena

PWHL’s Sophomore Year Booms in Canada, Has Room to Grow in U.S.

Attendance is up 30% from last year, the league says.
January 24, 2025

Once Abandoned, Portland Is Regaining Its Place in the WNBA

The next WNBA team is springing up in a once-deserted market.
October 17, 2011; East Rutherford, NJ, USA; New York Jets fan fireman Ed during the first half against the Miami Dolphins at the New Meadowlands Stadium.
January 24, 2025

Superfandom Is a Lifestyle, Business—and Thorn in Some Teams’ Sides

Rabid fandom has perks—sometimes to the frustration of teams and leagues.
Jeremiah Smith
January 22, 2025

Ohio State’s Title Isn’t As Simple As $20 Million in NIL

Three lessons from the Buckeyes’ title beyond “pay the best players.”
Jan 26, 2025; Philadelphia, PA, USA; Philadelphia Eagles running back Saquon Barkley (26) celebrates after a touchdown against the Washington Commanders during the second half in the NFC Championship game at Lincoln Financial Field.

Saquon Barkley Hits $1.25 Million in Contract Bonuses With NFC Title

Barkley hit nearly every major contract incentive on his salary this season.
Jan 22, 2025; Melbourne, Victoria, Australia; Ben Shelton of United States of America celebrates during his match against Lorenzo Sonego of Italy in the quarterfinals of the men's singles at the 2025 Australian Open at Melbourne Park.
January 22, 2025

Ben Shelton Calls Out ‘Disrespectful’ Reporters at Australian Open

The 22-year-old called out four incidents he found problematic.
Jan 24, 2025; Melbourne, Victoria, Australia; Jannik Sinner of Italy celebrates during his match against Ben Shelton of United States of America in the semifinals of the men's singles at the 2025 Australian Open at Melbourne Park.
January 26, 2025

Jannik Sinner Wins Back-to-Back Australian Opens, Taking Home $2.2 Million

Prize money for the Australian Open is 11% higher than last year.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Ichiro
January 21, 2025

Ichiro Elected to Hall of Fame; 1 Vote Shy of Unanimous

The former Mariners star headlines a three-man class.
Naomi Girma
January 21, 2025

Naomi Girma Set to Be First $1 Million Transfer in Women’s Soccer

Chelsea is closing in on the two-time NWSL Defender of the Year.
January 20, 2025

Saquon Barkley, a $37M Bargain Superstar, Continues to Haunt Giants

The Giants letting Barkley walk comes up with every new highlight.
Miami, Florida, USA; Japan starting pitcher Roki Sasaki (14) delivers a pitch during the first inning against Mexico at LoanDepot Park
January 17, 2025

Dodgers Land Japanese Phenom Roki Sasaki for Bargain-Basement Price

The 23-year-old phenom signed with Los Angeles at a relative steal.