Friday, May 1, 2026

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.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

John Fanta

NBC Bets on a Bigger Kentucky Derby Weekend

The Oaks moved to primetime, and Fanta will report from the infield.
Sep 2, 2025; San Francisco, California, USA; New York Liberty forward Breanna Stewart (30) shoots the ball against Golden State Valkyries guard Veronica Burton (22) during the first quarter at Chase Center.

Ariel Investments Sees a $1B Women’s Sports Team in the Next 5 Years

Like small-cap stocks, women’s sports teams have room to run.
Kaitlin Oaks (left) from Tampa looks at photos with Layla Abutha from Tampa while attending Thurby at Churchill Downs during the week of Kentucky Derby on Thursday, April 30, 2026.

Kentucky Derby Is Courting Gen Z

Churchill Downs is mixing traditional splendor with a youthful atmosphere.

Dundon Pours Money Into Pickleball As He Cuts Blazers Spending

NBA fans have nicknamed the Blazers owner “El Cheapo.”

Featured Today

INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Quinnipiac women's varsity rugby
April 21, 2026

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
April 17, 2026

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
blake griffin
April 14, 2026

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.
Brendan Sorsby runs with the ball during the Texas Tech football team's spring game, Friday, April 17, 2026, at Jones AT&T Stadium.
April 27, 2026

Texas Tech QB Sorsby to Seek Treatment for Gambling Addiction

The NCAA has reportedly opened an investigation into Sorsby’s betting activity.
Mar 19, 2026; Portland, OR, USA; BYU Cougars forward AJ Dybantsa (3) dribbles against Texas Longhorns forward Dailyn Swain (3) in the second half during a first round game of the men's 2026 NCAA Tournament at Moda Center.
April 29, 2026

AJ Dybantsa Has Big NBA Plans. He’ll Chase Them While Wearing Nike

“Around sixth grade, that was my first dunk.”
Sponsored

Why Brandon Marshall Bet on Athlete-Owned Media

Brandon Marshall on athlete media, life after football, building I AM ATHLETE.
Mar 25, 2026; Miami Gardens, FL, USA; Elena Rybakina (KAZ) salutes the crowd after her natch against Jessica Pegula (USA) (not pictured) on day nine of the 2026 Miami Open at Hard Rock Stadium.
April 27, 2026

Tennis Star Calls Out ‘Wrong’ Electric Line-Calling System in Madrid

A stomach virus has spread across the Madrid Open.
Sponsored

How Thrivent and Athletes for Hope Are Leading With Purpose

Meet those making a difference as Thrivent and Athletes for Hope spotlight community impact.
Indiana University quarterback Fernando Mendoza speaks to the media at the 2026 NFL Combine.
April 24, 2026

Fernando Mendoza Will Arrive in Unique Raiders Situation

The top pick enters the league with high intrigue and higher expectations.
April 24, 2026

Carlos Alcaraz Withdraws From French Open Due to Wrist Injury

Jannik Sinner would secure a career Grand Slam with a French Open title.