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Drone Racing League CEO Nicholas Horbaczewski joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the business of racing drones and update the status of the Generation Z sports startup.<br/><br/>Founded in 2015, Drone Racing League, or DRL, is a sports technology and entertainment startup that hosts yearly tournaments where drone pilots compete for a cash prize. Horbaczewski says DRL will host its ninth season this fall and raised more than $100 million from investors, including publicly traded Liberty Media, WWE, T-Mobile, and Miami Dolphins owner Stephen Ross’s RSE Ventures—the league’s most prominent backer.<br/><br/>“It’s Formula One but with drones,” Horbaczewski tells Forbes, describing DRL. “What we’re doing is hard,” Horbaczewski adds. “It’s a combination of sports, technology, and media. So, our investors represent the best of those industries coming together to build something novel together.”<br/><br/>In the interview, the DRL chief executive explained how he lured notable investors for capital and forecast plans to expand globally. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Meet The Guy Who Raised Over $100 Million To Race Drones

⏲ 24:34 👁 7.6M

Sparsh Hacks

DIY Robotic Arm Controlled by Smart Phone | Make 3 Robotic Arms At Home

⏲ 7 minutes 47 seconds 👁 237

TECH IKBAL

5 Best new professional Personal AI Robot You Can Buy In 2024

⏲ 7 minutes 21 seconds 👁 397.4K

Over 40 countries are represented at the exhibition but #China represents more than a third of all inventions here, with a whole pavilion dedicated to Hong Kong #inventions alone. <br/>#robots #Geneva <br/>

Chinese robots rock Geneva

⏲ 1:28 👁 33.1M

RoboEvents

Cheetah vsRobodog - ZooRobot Research testing world 1st - Sydney Behind the scenes

⏲ 3 minutes 42 seconds 👁 10.8M

Deepak Sharma

Modi - Shah पर मोर्चा खोलने को तैयार पार्टी के पुराने नेता | बीजेपी में हड़कम्प | Deepak Sharma |

⏲ 31 minutes 8 seconds 👁 208K

India urges a balanced approach between freedom of expression and public safety amid pro-Palestine protests in the US. Spokesperson Randhir Jaiswal stresses democracies are judged by domestic actions. Arrests follow demonstrations at major universities, demanding ties cut with Israeli institutions. <br/> <br/> <br/>#India #US #RandhirJaiswal #IndiaUSrelations #MatthewMiller #SJaishankar #Jaishankar #Worldnews #Oneinda #Oneindia news <br/>~HT.178~ED.101~GR.124~

Pro-Palestine Protests:India Calls on US to Respect Freedom of Speech Amid Arrests| Oneindia

⏲ 2:13 👁 5M

Vlad and Niki

Vlad and Niki play with Bat-Tech BatBot kids toy and save the city

⏲ 4 minutes 56 seconds 👁 25.5M

All process of world

Human Robot Mass Production Process with New 3D Printer Factory in Korea

⏲ 10 minutes 13 seconds 👁 29.9M

The second phase of voting across 88 seats in India is underway amid heightened anticipation, while the Supreme Court has decisively settled the debate on reverting to paper ballot elections. Dismissing petitions for complete cross-verification of votes using EVMs and VVPATs, the court emphasized maintaining trust in the electoral process. <br/> <br/>Follow Oneindia English for Real Time Updates! <br/> <br/>#SupremeCourtofIndia #SupremeCourt #EVM #SecondPhase #supremecourtvvpattoday #supremecourtelectionvvpat #supremecourtliveonvvpatmachine #supremecourtvvpatnotice #supremecourtonvvpatmachine #supremecourtvvpatnewstoday #Justicekhanna #INDIAalliance #Oneinda #Oneindia news<br/><br/>~HT.97~PR.320~ED.194~

EVM-VVPAT Check: Supreme Court Of India Rejects All Plea seeking Audit & Ballot Voting| OneIndia

⏲ 5:19 👁 4.5M

Khabre Bharat

8 वीं के छात्र ने बना दिया अनोखा रोबोट! टन- टन देता है जवाब ऑर्डर भी मानता हैं! Robert

⏲ 11 minutes 55 seconds 👁 3M

BucketPlanks

If Robots Were In Minecraft

⏲ 13 minutes 18 seconds 👁 6.2M

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