Saturday, July 25, 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

Packers Made Whopping $753 Million in Revenue Last Season

The Packers, and the NFL overall, remain a financial behemoth.
In this photo illustration, a mobile device displays the Kalshi logo while a laptop displays the webpage of the prediction market platform in Copenhagen, Denmark, on February 10, 2026. (Photo by Kristian Tuxen Ladegaard Berg/NurPhoto)

Kalshi, Netflix: Controversial Bet in Trailer Was Made Before Nevada Ban

A documentary clip appeared to show a Kalshi bet being made illegally.
May 7, 2026; Oklahoma City, Oklahoma, USA; Los Angeles Lakers forward LeBron James (23) reacts after a play against the Oklahoma City Thunder in the first half during game two of the second round of the 2026 NBA Playoffs at Paycom Center. Mandatory Credit: Alonzo Adams-Imagn Images

Prediction Markets Had No Clue Where LeBron Was Going

Philadelphia’s chances on Kalshi spiked just before the news broke.
podcast thumbnail mobile
Front Office Sports Today

7/24/26 – Mark Cuban Buys Into A’s, Raiders Sign Mendoza, Sophie Cunningham’s Meteoric Rise

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.

WNBA Union Leaders Sidestep Cathy Engelbert Questions 

Engelbert will speak at a press conference Saturday.
July 22, 2026

Jonathan Vaughters Defends Late-Night Tour de France Drug Tests 

“Do you want the appearance of clean, or do you want clean and fair?”
May 2, 2026; Henderson, NV, USA; Las Vegas Raiders quarterback Fernando Mendoza (15) speaks during a news conference at the team’s Rookie Minicamp at Intermountain Health Performance Center.
July 24, 2026

Mendoza Signs $57M Contract While Pavia’s Path Uncertain

The No. 1 pick in the NFL Draft finally signed his rookie contract.
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
July 22, 2026

Jake Paul Responds to Critics: ‘I Brought Boxing to Netflix’

Paul believes the Tyson fight’s Netflix audience will never be matched.
kyle rudolph
July 22, 2026

Former Viking Kyle Rudolph: Private Equity ‘Great’ for the NFL

Private equity makes “these assets a little more liquid.”
July 21, 2026

Caitlin Clark, Sabrina Ionescu Skipping WNBA 3-Point Contest

Only two 2026 WNBA All-Stars are participating.
July 21, 2026

Late-Night Drug Tests Spark Backlash, Intrigue at Tour de France

Riders are pushing back on rare overnight anti-doping tests.