Lewis Hamilton takes ownership share in NFL’s Denver Broncos

The seven-time Formula One world champion Lewis Hamilton has joined the ownership group of the National Football League’s Denver Broncos, the team announced on Tuesday.

Rob Walton announced the addition of Hamilton as a limited shareholder in a statement issued on behalf of the Walton-Penner family ownership group.

“[Hamilton] is a champion competitor who knows what it takes to lead a winning team and a fierce advocate for global equality, including in his own sport,” Walton said in a statement.

“With over 100 race wins, Lewis is considered the most successful F1 driver of all time. His resilient spirit and standard of excellence will be an asset to the ownership group and the Broncos organisation.”

The Walton-Penner group agreed to buy the team from the Patrick D Bowlen Trust last month for a reported £3.81bn ($4.65bn) in the most expensive deal for a sports franchise in the world, eclipsing the £2.5bn ($3.1bn) sale of Chelsea to an American-led consortium fronted by Los Angeles Dodgers part-owner Todd Boehly this year.

In April, Hamilton and the tennis star Serena Williams joined a consortium led by the former British Airways chairman Martin Broughton to buy Chelsea that was among the final three bids to be shortlisted. But it was ruled out after its dependence on a £500m ($611m) loan from three US banks was revealed.

The Broncos’ star quarter-back Russell Wilson celebrated Hamilton’s addition to the team’s ownership before practice on Tuesday morning. Wilson and his wife, Ciara, were guests of Hamilton’s Mercedes race team at the Monaco Grand Prix this year.

Hamilton, whose 103 grand prix wins are the most in F1 history, becomes the third known limited shareholder to join the ownership group of the three-time Super