The Round
Round target: £500,000
Already signed: £270,000
Purpose: Get to profitability with driver coaching core and build out fan engagement proposition further to appeal to more generalist VCs for a bigger round
The Pipeline
We are getting more and more very high calibre motorsports angels/companies into the pipeline; in large thanks to our new Board Member Oliver Ciesla who has also already invested in this round.
Oliver was the CEO of the world’s biggest motorsports media company (Motorsport Network) with nine-figure revenues and a) understands our space deeply and b) has a great network in it.
Some of the key potential investors we are currently speaking to:
- Jost Capito (former team principal of McLaren F1 and Williams F1)
- Allan McNish (Director - Co-ordination of Motorsport Activities - Audi Group; former pro racing driver who won the 24h of Le Mans three times)
- Riedel Communications (€200M+ revenue company active in motorsports communications and in discussions for both an investment and a strategic partnership to get data from real-life race cars)
- Igor Zhadanov (400+ employee startup founder and VC LP, active in motorsports)
- Emmanuel Tahar (unicorn founder, active in motorsports)
- Raw Ventures (MediaTech VC)
- Elis Jones (Head of Sports Advisory at Goldman Sachs; advised McLaren on takeover by new owner)
- James Robinson (former Global Sponsorship Director at F1; now has his own motorsports-focused marketing/M&A agency and wants to put us in front of his network after the summer)