Miami Dolphins owner Stephen Ross is investing in a potentially new sport: drone racing.
The Drone Racing League, which will pit drone specialists who are self-taught from the video game world against those who flew unmanned planes for the military, hopes to fly a season of races next year.
Ross is betting $1 million on it.
"We backed it because it has all the makings of a modern-day sport, Twitch meets Formula One," said Matt Higgins, president and CEO of RSE Ventures, Ross' sports and entertainment investment firm. "The pilots have to have great reflexes and hone their skills over hours and hours of practice. And first-person viewing lends itself to an amazing spectator experience with virtual reality."
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