Friday, May 15, 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

May 15, 2026; Newtown Square, Pennsylvania, USA; Bryson DeChambeau plays his shot on the seventh tee during the second round of the PGA Championship golf tournament.

Bryson DeChambeau Misses Second Major Cut Amid LIV Turmoil

DeChambeau also missed the cut at this year’s Masters.

3 Hot Topics at ACC Spring Meetings

Jim Phillips talked PE, Duke-Amazon, and CFP expansion.
May 9, 2024; Columbus, OH, USA; Sports are shown on TVs behind the bar as guests enjoy the grand opening of DraftKings Sports & Social in the Short North. Though there are no on-site betting windows, eligible customers can place bets through the DraftKings app.

Gambling Layoffs Pile Up As Sports Betting Industry Recalibrates

Penn Entertainment headlines three companies with layoffs this week.

NFL Teams Mock ‘AI Slop’ After Cardinals Schedule Video

The Cardinals did not immediately answer questions from FOS.

Featured Today

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
Bart Swings/Falyn Fonoimoana/Avery Poppinga
May 14, 2026

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.

NBA Player Brandon Clarke Dies at 29

Clarke died on Monday in Southern California, authorities say.
Aug 2, 2024; Nanterre, France; Benjamin Proud (Great Britain), Cameron McEvoy (Australia) and Florent Manaudou (France) in the men’s 50-meter freestyle medal ceremony during the Paris 2024 Olympic Summer Games at Paris La Défense Arena.
May 11, 2026

The Enhanced Games Want to Be More Than a Steroid Olympics

“There’s a benefit for anyone to live enhanced.”
May 12, 2026

Another Summer of LeBron Is Here

James is not under contract for next season.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
Trick Williams Front Office Sports
May 9, 2026

WWE’s Next Big Star Could Be Ex-NFL Hopeful Trick Williams

The former South Carolina wideout is now WWE’s U.S. champion.
May 6, 2026

Napheesa Collier Admits Engelbert Rant Was For CBA Leverage

The WNBA and WNBPA agreed to a new labor deal in March.
May 6, 2026

U.S. Open Falls Behind Masters in Prize Money: ‘It’s Not a Race’

The Masters increased its purse to $22.5 million this year.
Mar 28, 2026; Miami Gardens, FL, USA; Aryna Sabalenka of Belarus reacts during her match against Coco Gauff of the United States in the final of the women’s singles at the Hard Rock Stadium.
May 5, 2026

Sabalenka, Gauff Suggest Grand Slam Boycott Over Prize Money Share

“Without us there wouldn’t be a tournament,” Sabalenka said.