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F1 drivers Sainz and Norris team up with soccer stars to back and advise US$54M investment fund

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Formula One drivers have teamed up with world and European champion soccer players investing in a 50 million euros (US$54 million) fund launched Tuesday that will use their advice to seek sports-related targets.

F1 drivers Carlos Sainz and Lando Norris are headline investors in the Elite Performance Fund that aims to specialize in sports technology and media, fan engagement and nutrition.

"I have been investing in startups for some time now," Varane said in a statement, adding he aims to "share my investment experiences with other athletes and learn from theirs."

 

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