National Thoroughbred League secures strategic investment from DCB Sports

LAS VEGAS, April 16, 2024– (BUSINESS WIRE) – The National Thoroughbred League (NTL) announced today that it has secured a significant strategic investment from DCB Sports, an experienced investment firm based in La Jolla, California, specializing in the sports and entertainment space . This investment represents an important milestone for the NTL as it prepares to announce its expansion plans and plans for 2024, strengthening its position as a leading innovator in the world of Thoroughbred racing.

“This affirmative investment from DCB Sports is a testament to the bright future of the National Thoroughbred League,” said Randall Lane, co-founder of the NTL. “We are thrilled to have the support of such a respected and experienced sports investor as we continue to grow and innovate in the industry.”

Gary LaDrido, managing partner at DCB Sports, highlighted the alignment of this investment with the company's recent strategic moves, which include investments in soccer team Venezia FC and the TPL Golf Arena League, co-founded by Tiger Words and Rory McElroy. “Our investment in the National Thoroughbred League is consistent with our recent investments in innovative sports properties. We believe the NTL has tremendous potential for growth and innovation in the world of Thoroughbred racing.” LaDrido will join the NTL Board of Directors.

NTL co-founder Robert Daugherty shared exciting news about the league's expansion plans. “We are pleased that the National Thoroughbred League will be adding four additional franchises for the 2024 season. We will announce the new teams and schedule in June. This expansion with the specific teams announced in June is a direct result of the tremendous support and trust we have received from our investors, fans and the racing community.”

About the National Thoroughbred League

The National Thoroughbred League (NTL) is a unique racing league that reimagines America's oldest spectator sport by creating a team-based professional sports league and consistently and safely competing exceptional horses. The NTL is a lifestyle that gives fans the opportunity to cheer on the same stars month after month and year after year.

Further information can be found at www.NTL.Racing

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contacts

National Thoroughbred League
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