RFK Racing co-owners expand business portfolio – Sports News
John W. Henry is the co-founder of Fenway Sports Group (Image: Winslow Townson, Getty Images)
RFK Racing co-owners Fenway Sports Group (FSG) have expanded its portfolio with one other sports activities group — amid talks over promoting stakes within the English soccer membership Liverpool FC. The group has been in discussions with a consortium headed by British billionaire Amit Bhatia, which is in search of to accumulate a vital minority stake in Liverpool, with the possible deal involving the sale of roughly 30 % of the general shareholding.
The consortium additionally options Amazon founder Jeff Bezos, the world’s third richest man, and Facebook co-founder Eduardo Saverin — and negotiations seem to have intensified in latest weeks, with the group now reportedly nearing a deal. According to Sky News, an announcement concerning the investment might arrive as early as this week. The deal is predicted to push Liverpool’s valuation to roughly $6 billion total, positioning it among the many most dear golf equipment globally.
And whereas some stories counsel this might mark the initial section of an eventual takeover, FSG — which has been RFK Racing’s stakeholder since 2007 and at present owns 50 % of the NASCAR group — has been actively increasing its sports activities portfolio. It comes as Kyle Busch’s iconic bow shall be painted on the hood of his previous car for NASCAR’s go to to Richmond.
It was revealed on Monday that the John W. Henry-led group has acquired a group within the WTGL, the new ladies’s skilled golf league established in partnership with the LPGA.
The group, unveiled as Boston Common Golf, will change into the fifth to hitch the WTGL and represents FSG’s first group possession in ladies’s skilled golf. Boston CG has been one of the six founding members competing within the TGL, the boys’s indoor golf league launched by Tiger Woods and Rory McIlroy in 2025.
FSG owns 50 % of RFK Racing (Image: Icon Sportswire, Icon Sportswire through Getty Images)
The WTGL is scheduled to launch on the SoFi Center in Florida during the autumn, with the competitors that includes a group match-play format that may showcase many of the world’s main LPGA Tour gamers.
In a assertion, Linda Henry, John W. Henry’s spouse and FSG companion, stated: “At FSG, we’ve always believed in investing early in ideas with the potential to grow and evolve the sports landscape.
“Our investment in TMRW Sports and partnership with the LPGA have solely strengthened our confidence sooner or later of ladies’s golf. WTGL is a natural subsequent step, and we’re proud to deliver Boston Common Golf to the league and one other world-class group to New England followers.”
FSG’s entry into the WTGL comes as the deal with Bhatia’s consortium appears to be moving closer. Bhatia previously served as co-owner at Queens Park Rangers in the Championship — the second-highest soccer division in England — where he was also supported by his father-in-law, Lakshmi Mittal, the Indian steel tycoon.
He recently sold his stake in the club and appears to have obtained the backing of some of the world’s wealthiest individuals in his bid to invest in Liverpool. Amazon founder Bezos is estimated to have a net worth of $282 billion, according to Forbes, while Saverin’s wealth is estimated to be around $32 billion.
Meanwhile, RFK Racing’s drivers are involved in a heated battle for the last spots in The Chase. With three races left in the regular season, Ryan Preece remains the first driver below the cutline, having reduced his deficit to 29 points with a 20th-place finish at the Iowa Corn 350 last weekend.
Brad Keselowski is 2 spots behind Preece, dealing with a grueling job of closing a 48-point hole to sixteenth — the final spot that may secure a postseason berth, at present occupied by Austin Cindric.
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