Tom Brady expands sporting empire as NFL legend unveils latest big-money venture

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Tom Brady has invested in a host of sports among his business empire since retirement (Image: NurPhoto via Getty Images)
Tom Brady has invested in a host of sports among his business empire since retirement (Image: NurPhoto via Getty Images)

Legendary NFL star Tom Brady has unveiled his first ever RaceBird after becoming the owner of an E1 electric boat racing team.

Team Brady shared an image on social media, declaring: "We're all in. Team Brady's first ever RaceBird is ready for the 2024 E1 World Championship."

The E1 Racing Series is a brand-new all-electric boat racing circuit, making stops at major cities like Rotterdam, Venice, Jeddah, Miami, Budapest, and Monaco. It holds the distinction of being the first electric raceboat championship approved by the Union Internationale Motonautique (UIM), the governing body for powerboating.

Brady's RaceBird will make its debut in the championships this year, expanding his ownership to five different teams across various sports.

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After retiring from an illustrious NFL career in 2022 with seven Super Bowl victories, Brady has kept himself busy by exploring other sports ventures. He now resides in Florida and has taken on the role of minority owner with the Las Vegas Aces.

Brady bought a stake in the WNBA team and was often seen with owner Mark Davis, who also owns the Las Vegas Raiders. This sparked rumours that Brady might join the NFL organisation's ownership team. This was confirmed months later, effectively ending any chance of Brady returning as a player.

The legendary former quarterback also invested in a pickleball team. He then surprised everyone by announcing he would become part-owner of English football club Birmingham City FC. He has been spotted at two games since joining in August.

Tom Brady expands sporting empire as NFL legend unveils latest big-money ventureThe first image of his new electric boat (No credit)

With his earnings from his football career and his investments in other sports, Brady's net worth is reported to be just over $300 million. This is expected to increase significantly due to his investments in projects outside of sport.

Brady will have a free schedule for the next year, but he is set to become a major analyst at Fox Sports after signing a massive 10-year, $350 million deal. He will start this role in the 2024 NFL season.

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