December 1, 2023

Lewis Hamilton
Lewis Hamilton was involved in a failed Premier League takeover of Chelsea

Seven-time British Formula 1 champion Lewis Hamilton has joined the incoming ownership group of the three-time Super Bowl-winning Denver Broncos.

Hamilton has been joined at the group by Walmart boss Rob Walton, who is in the process of completing a reported $4.65bn (£3.81bn) takeover of the franchise.

The Waltons are America’s richest family and the takeover, which must win the approval of 24 of the 32 NFL owners on August 9, would be a record for a US sports franchise.

Last month, former US Secretary of State Condoleezza Rice also became a minority owner of the Broncos.

With a personal fortune of $61.3bn (£50bn), Walton is on the Forbes listexternal link as the 19th richest man in the world and would become the richest NFL owner by far if the acquisition is approved.

“We are delighted to welcome seven-time Formula 1 world champion Sir Lewis Hamilton to our ownership group,” said Walton. in a statement.external link

“His resilient spirit and standard of excellence will be an asset to the ownership group and the Broncos organization.”

In April, Hamilton pledged to invest in Premier League side Chelsea by backing the Broughton consortium, but the club was eventually sold to a consortium led by Todd Bohli.

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