Lewis Hamilton becomes an owner of the Denver Broncos in the NFL

Lewis Hamilton becomes an owner of the Denver Broncos in the NFL


Lewis Hamilton is set to become a co-owner of three-time Super Bowl winners the Denver Broncos as part of the most expensive ever takeover of an American sports franchise. 

The Formula One great is teaming up with Rob Walton, billionaire heir to the Walmart retail fortune, who is leading his family’s $4.65billion bid, which is subject to NFL approval next week.

The Waltons are America’s richest family, with Rob Walton alone worth $61.6bn, which puts him 19th on Forbes’ list of the world’s wealthiest individuals.

Walton said: ‘We’re delighted to welcome seven-time Formula One world champion Sir Lewis Hamilton to our ownership group. He is a champion competitor who knows what it takes to lead a winning team.’

Hamilton expressed his excitement by posting a picture of his dog Roscoe dressed up in Broncos merchandise. The 37-year-old Mercedes driver said: ‘Honoured to work with a world-class team and serve as an example of the value of more diverse leadership across all sports.’ He follows former US secretary of state Condoleezza Rice, who bought a stake in the Broncos last month.

Hamilton knows Colorado well, having spent several winters training there. He once described his house in the mountains as his ‘main home’.

Formula One star Lewis Hamilton has joined the Denver Broncos franchise as a co-owner

Hamilton shared his excitement at joining the Broncos team by posting on his Twitter profile

Hamilton shared his excitement at joining the Broncos team by posting on his Twitter profile

Hamilton alongside Denver Broncos quarterback Russell Wilson at Canada Grand Prix in 2018

Hamilton alongside Denver Broncos quarterback Russell Wilson at Canada Grand Prix in 2018

Walmart Chairman Rob Walton is in the process of buying the Broncos for a reported $4.65billion, pending approval from the NFL's finance committee and league ownership

Walmart Chairman Rob Walton is in the process of buying the Broncos for a reported $4.65billion, pending approval from the NFL’s finance committee and league ownership

His involvement with the Broncos follows his $12million backing for former British Airways boss Sir Martin Broughton’s failed attempt to buy Chelsea.

Hamilton is Formula One’s highest-ever earner, having eclipsed Michael Schumacher this season, according to BusinessF1 magazine, which puts his fortune at $438m.

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A spokeswoman for Hamilton on Tuesday night declined to disclose how much money he is investing in the Broncos or how active a role he will play in managing the franchise.

Hamilton shared his excitement at becoming a part of the Broncos team by writing on his Twitter profile, alongside a photo of his dog Roscoe in Broncos accessories: ‘Excited to join an incredible group of owners and become a part of the @Broncos story!! 

NFL franchise Broncos revealed F1 superstar Hamilton's stake in the club Tuesday morning

NFL franchise Broncos revealed F1 superstar Hamilton’s stake in the club Tuesday morning

‘Honored to work with a world class team and serve as an example of the value of more diverse leadership across all sports. Roscoe already thinks he made the team.’

The Broncos reached a $4.65billion agreement to sell the club to the Walmart heirs.

If the purchase is approved by the NFL, the deal would be the highest price ever for an American sports franchise.

NFL bosses will reportedly meet a week today to determine the bid but it is set to be passed. The purchase needs approval from the NFL’s finance committee and league ownership.

Wilson was quick to congratulate Hamilton on his move into NFL and said 'winning is a habit'

Wilson was quick to congratulate Hamilton on his move into NFL and said ‘winning is a habit’

Hamilton is well positioned to follow his new venture as he has mansion in Colorado mountains

Hamilton is well positioned to follow his new venture as he has mansion in Colorado mountains

The Formula 1 driver says he has made happy memories at the property, where he relaxes and enjoys winter and summer mountain sports The racing driver is a fan of snowboarding, with the Rocky Mountains being the perfect setting for the activity for much of the year

The Formula 1 driver says he has made happy memories at the property, where he relaxes and enjoys winter and summer mountain sports

The star could be seen posing in front of fleet of snowmobiles in a picture shared to Instagram

The star could be seen posing in front of fleet of snowmobiles in a picture shared to Instagram

Lewis has posed up for a number of pictures in the area of his property, including in this one ahead of a helicopter flight

Lewis has posed up for a number of pictures in the area of his property, including in this one ahead of a helicopter flight

The Walton-Penner family, led by Walmart heir Rob Walton, will acquire the Broncos from the Pat Bowlen Trust, controlled by the surviving children of the late club owner. Both sides announced the deal in June without specifying a sales price, but Forbes, ESPN and other outlets are reporting that figure to be around $4.65bn.

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Walton’s proposed ownership team also includes his daughter, Carrie, and her husband, Greg Penner.

Hamilton has also joined businesswoman Mellody Hobson and former US secretary of state Condoleezza Rice in having stakes in the massive franchise. 

The British superstar is well positioned to follow his new venture as he already has a mansion in the mountains of Colorado.

Hamilton has shared multiple pictures of himself enjoying his time in the States on Instagram

Hamilton has shared multiple pictures of himself enjoying his time in the States on Instagram

He has shared pictures of himself playing in the snow on expensive snowmobiles or looking out across the peaks after reaching the top of a mountain on a track bike in the past.  

Hamilton previously told the BBC: ‘I’ve never really been home [before]. 

‘In my winter, I go to the mountains [in Colorado], which I really see as my main home, because it’s a house and it’s full of love and memories from people, the family that come every winter.’

Hamilton’s latest move comes weeks after being part of a failed bid to buy England soccer club Chelsea. He was part of a consortium fronted by former British Airways boss Sir Martin Broughton, and pumped £10million into the bid, as did his friend Serena Williams. Los Angeles Dodgers owner Todd Boehly won the battle and completed a $4.25bn takeover of the Premier League giants.

Forbes valued the Broncos at $3.75bn in 2021, estimating it at No. 10 on the list of franchise valuation.

If the Walton sale goes through, Jim Walton would become the second NFL owner from the extended Walton family. Ann Walton Kroenke, who is Jim Walton’s cousin, is married to Stan Kroenke, owner of the Los Angeles Rams.

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Hamilton alongside NFL star Tom Brady at the Big Pilot Charity Challenge in May this year

Hamilton alongside NFL star Tom Brady at the Big Pilot Charity Challenge in May this year

‘We are thrilled to be selected to move forward with the purchase of the Denver Broncos!’ Walton said in a statement late on Tuesday.

‘Carrie [Walton-Penner], Greg (Penner) and I are inspired by the opportunity to steward this great organization in a vibrant community full of opportunity and passionate fans.’

Bowlen acquired the Broncos in 1984 and the franchise won three Super Bowls during his reign. Bowlen’s trust assumed the ownership after he died in 2019. 

Walton, 77, has a net worth of $65bn and is the 19th-richest person in the world, per Forbes. The Walmart fortune is so vast that his siblings, Alice and Jim, also are among the world’s 20 richest people on Forbes’ list of billionaires. 

In anticipation of the sale, the Broncos traded for Seattle Seahawks superstar Wilson in March

In anticipation of the sale, the Broncos traded for Seattle Seahawks superstar Wilson in March

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

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

The Broncos are coming off a dismal 7-10 season and a turbulent end to the Bowlen family’s tenure as owners, which involved a protracted court battle between late owner Pat Bowlen’s children.

In anticipation of the sale, the Broncos front office, led by former Denver quarterback John Elway, traded for Seattle Seahawks superstar Russell Wilson in March. 

Wilson waived his no-trade clause in March to facilitate the deal, and still has two years remaining on his contract. 



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