Group involving Hamilton completes Denver Broncos purchase

Lewis Hamilton

Group involving Hamilton completes Denver Broncos purchase

The sale is a record for a US sports franchise

Ewan Gale

Wednesday 10 August 2022 19:00

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The consortium including Lewis Hamilton has completed its record acquisition of the Denver Broncos NFL franchise.

The Walton-Penner group has taken over ownership of the franchise for an estimated $4.65billion [£3.84billion].

Hamilton's involvement was announced on August 2 and ahead of the beginning of the new NFL season, with pre-season games beginning this month.

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The seven-time F1 champion's involvement comes after a failed bid, as part of a Sir Martin Broughton-led consortium, to acquire Chelsea Football Club earlier this year.

Despite agreeing to the sale from the Pat Bowlen Trust in June, at least a quarter of the 31 other owners needed to agree on the transaction, though it was confirmed that the vote had been unanimous.

Upon joining the group a statement said that Hamilton's "resilient spirit and standard of excellence will be an asset to the ownership group and the Broncos organization."

A new era begins.

Welcome to #BroncosCountry, Walton-Penner Family Ownership Group — let’s go win some championships! pic.twitter.com/rqxcCQoUfM
— Denver Broncos (@Broncos) August 9, 2022

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