Lewis Hamilton acquires ownership of the NFL team Denver Broncos.

lewis hamilton

Lewis Hamilton acquires ownership of the NFL team Denver Broncos.

Lewis Hamilton, a Formula One driver, has become a co-owner of the Denver Broncos team.

The three-time Super Bowl champions have been taken over by the Walton-Penner family, which includes the seven-time champion.

The Walton-Penner Family Ownership Group issued the following statement on Tuesday: “We’re delighted to welcome seven-time Formula One world champion Sir Lewis Hamilton to our ownership group.”

lewis hamilton

“He is a fierce advocate for global equality, including in his own sport, and a champion competitor who understands what it takes to lead a winning team.”

Lewis is regarded as the most successful driver of all time, having won more than 100 races.

His perseverance and commitment to excellence will be a benefit to the ownership group and the Broncos organization, according to the statement.

Lewis Hamilton, a Formula One driver, has become a co-owner of the Denver Broncos team.

Hamilton posted on his Twitter account to express his joy at joining the Broncos.

2018 Canada Grand Prix with Hamilton and Denver Broncos quarterback Russell Wilson

According to reports, Walmart Chairman Rob Walton is in the process of acquiring the Broncos for a reported $4.65 billion, subject to league ownership and the NFL’s finance committee giving their approval.

With a picture of his dog Roscoe sporting Broncos gear, Hamilton expressed his joy at joining the team by writing on his Twitter profile: “Excited to join an incredible group of owners and become a part of the @Broncos story!!

Honored to be a part of a top-notch team and to set a good example for more ethnically diverse leadership in all sports. Roscoe believes he has already made the team.

The Broncos and the Walmart heirs came to a $4.65 billion deal to sell the team.

The agreement would represent the highest price ever paid for an American sports franchise, assuming the NFL approves the purchase.

According to reports, NFL executives will meet today to decide on the proposal, but it is expected to be approved. The NFL’s finance committee and league ownership must approve the purchase.

Tuesday morning, F1 champion Hamilton’s ownership stake in the NFL team Broncos was made public.

Wilson congratulated Hamilton on entering the NFL and noted that “winning is a habit.”

Hamilton has a mansion, which puts him in a good position to pursue his new business. Rocky Mountains

The Formula 1 driver claims to have fond memories of the place where he unwinds and engages in winter and summer mountain activities.

In a photo posted to Instagram, the star could be seen posing in front of a group of snowmobiles.

In the vicinity of his property, Lewis has posed for several photographs, including this one taken before a helicopter flight.

The Pat Bowlen Trust, run by the surviving children of the late club owner, will sell the Broncos to the Walton-Penner family, led by Walmart heir Rob Walton. The sale price was not disclosed when the agreement was announced by the two parties in June, but Forbes, ESPN, and other media outlets are reporting that it was around $4.65 billion.

Walton’s daughter Carrie and her husband Greg Penner are also part of the proposed ownership group.

Along with former US secretary of state Condoleezza Rice and businesswoman Mellody Hobson, Hamilton now owns shares in the sizable franchise.

The British superstar already owns a mansion in the Colorado mountains, which puts him in a good position to pursue his new business.

On Instagram, Hamilton frequently posted images of himself having a good time while visiting the United States.

He has previously uploaded photos of himself riding pricey snowmobiles and having fun in the snow, or riding a track bike to the peak of a mountain and admiring the view.

 

The BBC previously quoted Hamilton as saying, “I’ve never really been home [before].”

“In the winter, I travel to the mountains [in Colorado], which I consider to be my primary residence because it is a home that is filled with affection and memories from the family who visit each winter.

Weeks after taking part in a failed attempt to purchase English soccer team Chelsea, Hamilton made his latest move. In a consortium led by the former CEO of British Airways, Sir Martin Broughton, he invested $10 million, as did his friend Serena Williams. Todd Boehly, owner of the Los Angeles Dodgers, prevailed in the conflict and completed a $4.25 billion takeover of the Premier League giants.

The Broncos were estimated by Forbes to be worth $3.75 billion in 2021, ranking them 10th among franchises in terms of valuation.

 

Hobson, 53, serves as co-CEO of Ariel Investments and chairwoman of Starbucks. George Lucas, the creator of Star Wars, and she are married.

Jim Walton would become the second member of the extended Walton family to own the NFL if the Walton sale is successful. Stan Kroenke, the owner of the Los Angeles Rams, is married to Jim Walton’s cousin Ann Walton.

Tom Brady and Hamilton both represented the NFL at the Big Pilot Charity Challenge in May of this year.

We are overjoyed to proceed with the Denver Broncos purchase, and we couldn’t be more excited! Late on Tuesday, Walton released a statement.

 

“The chance to lead this great organization in a vibrant neighborhood full of opportunities and ardent supporters is inspiring to Carrie [Walton-Penner], Greg (Penner), and I,” says Penner.

In 1984, Bowlen bought the Broncos, and under his leadership, the team won three Super Bowls. Upon Bowlen’s passing in 2019, his trust took over ownership.

According to Forbes, 77-year-old Walton is the 19th richest person in the world with a net worth of $65 billion. Because of the size of the Walmart fortune, his siblings Jim and Alice are also among the top 20 wealthiest people in the world according to Forbes’ list of billionaires.

The Broncos traded for Seattle Seahawks superstar Wilson in March in anticipation of the sale.

 

On November 22, 2020, during the first quarter of a game against the Miami Dolphins, a cutout of late Denver Broncos owner Pat Bowlen and cutouts of three Vince Lombardi Trophies can be seen in the upper stands of Empower Field at Mile High.

The Bowlen family’s ownership of the Broncos came to an abrupt end after a turbulent 7-10 season and protracted legal dispute between the late owner Pat Bowlen’s children.

The Broncos front office, led by former Denver quarterback John Elway, made a trade for Russell Wilson of the Seattle Seahawks in March in anticipation of the sale.

Wilson still has two years left on his contract after waiving his no-trade clause in March to make the deal possible.


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