Denver Broncos: Lewis Hamilton joins NFL side’s incoming ownership group

Lewis Hamilton was involved in a failed takeover of Chelsea from the Premier League

Seven-time British Formula One champion Lewis Hamilton has joined the ownership group of three-time Super Bowl winners the Denver Broncos.

Hamilton has been brought into the group by Walmart boss Rob Walton, who is in the process of completing a $4.65bn (£3.81bn) takeover of the franchise.

The Waltons are America’s richest family and the takeover, which needs approval from 24 of the NFL’s 32 owners by Aug. 9, would be a record for an American sports franchise.

Last month, former US Secretary of State Condoleezza Rice also became a minority owner of the Broncos.

With a personal fortune of $61.3 billion (£50 billion), Walton is listed by Forbesexternal-link as the 19th richest person in the world and would become by far the richest NFL owner if approved its acquisition.

“We are delighted to welcome seven-time Formula 1 world champion Sir Lewis Hamilton to our ownership group,” Walton said in a statement.

“His resilient spirit and standard of excellence will be an asset to the ownership group and the Broncos organization.”

In April, Hamilton pledged to invest in Premier League side Chelsea by backing the Broughton consortium, but the club was eventually sold to a consortium led by Todd Boehly.

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