Drone racing is a motorsport that came into existence in recent times because of the popularization of drones. In brief, it sees people competing to see which one of them can use a drone to complete a course as fast as possible while wearing a head-mounted display for a first-person perspective, thus explaining its name.
Although the motorsport started up in Australia in 2014, it has since managed to rouse the interest of individuals from countries all around the world, as shown by the fact that competitions have been held in China, Canada, the European Union, the United Kingdom, and the United States. However, drone racing is held back by a lack of funding, which in turn, means a lack of avenues as well as a lack of accommodation for all of the people who might be interested in the motorsport. However, there have been some recent developments in regards to the Drone Racing League, which could mean significant changes for the motorsport as well as its presence on the TV screen in the not so distant future.
What Is Drone Racing League?
In brief, the Drone Racing League is a drone racing league. This is not that unusual, seeing as how there are numerous such bodies out there, with some being for-profit in nature and others being non-profit in nature. However, what is interesting is that the Drone Racing League managed to secure more than $20 million in funding from its Series B investment round, which has important implications for its future.
First and foremost, the investment means that there are people who believe in the basic premise of the Drone Racing League as well as the ability of its leadership to capitalize upon its potential for profit. Second, more funding means being more ability to expand, which in turn, means more viewers so long as the expansion is carried out in a competent manner. Third, it is interesting to note that the investors range from Sky and Liberty Media to Lux Capital, which means a fair number of powerful interests lining up behind it.
This can be seen in the Drone Racing League. Previously, it was being broadcast in the United Kingdom and the United States. However, it will soon be broadcast in more than 75 countries situated all around the world through a wide range of partners that include but are not limited to Sky Sports, Disney XD, and OSN. Combined with news of a team-up with Amazon Prime Video, it is clear that the Drone Racing League is on a rise.
How Could Drone Racing League Change TV?
The Drone Racing League has made it clearer than ever that there is commercial value in drone racing, which means that people who are interested in the motorsport can soon expect to see it on their TV screens. However, it remains to be seen whether it will be the one to achieve full realization of that potential for profit in the end because there are other such bodies out there that share its interests. With that said, it cannot be denied that the Drone Racing League boasts a considerable advantage at the moment, which could well carry it through the turmoils of drone racing’s maturation as a motorsport.
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