mobile app bar

Mercedes F1 driver Lewis Hamilton joins $68 billion Walmart heir Rob Walton in Denver Broncos’ ownership

Ashish Priyadarshi
Published

Mercedes F1 driver Lewis Hamilton joins $68 billion Walmart heir Rob Walton in Denver Broncos' ownership

Lewis Hamilton is enjoying his summer break in the 2022 F1 season, but he’s not missing a chance to earn future profits. Hamilton is joining Walmart heir Rob Walton in the Broncos’ ownership group.

Walton made a massive bid to gain Broncos’ ownership, outbidding Magic Johnson, Kanye West, and several others. Owning an NFL franchise is, of course, no small deal. It cost a record amount of money to purchase the Broncos, and the new owner is multi-billionaire himself.

The Broncos were ultimately sold for a whopping $4.65 billion which would make it the largest purchase of an American sports franchise in history.

Walmart heir Rob Walton had the winning bid. Walton’s net worth is estimated be around a massive $68 billion, showing how absurdly rich you’d have to be to even consider buying one of these teams.

In the final step of the purchase, Walton chose to add another high profile investor to his group. Seven-time world champion Lewis Hamilton answered the call.

Also Read: Tom Brady and Sean Payton cost the Dolphins and Stephen Ross $1.5 million and draft picks after rejecting them

Lewis Hamilton will join Rob Walton in owning the Denver Broncos

Walton was thrilled to bring on someone of Hamilton’s caliber to his investment group. “We’re delighted to welcome seven-time Formula One World Champion Sir Lewis Hamilton to our ownership group,” Rob Walton expressed in a statement. “He is a champion competitor who knows what it takes to lead a winning team.”

Hamilton was thrilled as well. He knows that owning an NFL team is a massive venture, and he’s glad to be joining a group like Denver who’s looking to have an exciting 2022-23 season.

Of course, the league still needs to approve the sale. On August 9th, team owners will meet in Minneapolis to vote on the sale. Walton needs 24 yes-votes to have the sale go through.

Hamilton and Walton have picked a good time to join the Denver bandwagon. With Denver heading in a new direction this offseason, it’s an exciting time to own the franchise. Russell Wilson will be leading the Broncos, giving them their first competent quarterback since Peyton Manning donned the orange and blue.

Hamilton and Wilson are both champions in their sports. Hamilton is tied with Michael Schumacher for most F1 drivers titles, and he’s currently sixth in this season. However, Mercedes is finding their groove again, and Hamilton could be dangerous after the summer break.

Also Read: Deebo Samuel’s $73.5 million could be an underpay given how the 49ers receiver has outperformed AJ Brown, DK Metcalf, Terry McLaurin

About the author

Ashish Priyadarshi

Ashish Priyadarshi

x-iconfacebook-iconinstagram-iconlinkedin-icon

Ashish Priyadarshi is The SportsRush's content manager and editor. Ashish freelanced for 1 year in the NFL division before taking on an editorial role in the company. He then tacked on managing content while adding on a writing role in the NBA division. Ashish has been closely following the NFL and NBA since the 2012 season when the Patriots lost the Super Bowl and Derrick Rose was at the height of his powers. Since then, Ashish has focused on honing his knowledge for both leagues in, even writing crossover pieces. In his free time, Ashish is an avid basketball player, he loves to watch movies and TV shows, immersing himself in the cinematic world. Ashish studies computer science and data science at the University of Wisconsin-Madison and would love to mesh his love for sports with his technical skills.

Share this article