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Daily Mirror

Sport

Joshua Lees

Rafael Nadal enters business venture which will see him rival F1 star Sergio Perez

Rafael Nadal Rafa Sergio Perez Checo Pérez Team Spain Grand Slam Red Bull Team Mexico

Rafael Nadal has joined Formula 1 star Sergio Perez in becoming a team owner in the newly introduced all-electric raceboat championship. The competition has been sanctioned by the Union Internationale Motonautique (UIM), under the name E1 UIM boat racing series.

The tennis legend has made the dive to take ownership of the Team Spain setup in the series' inaugural campaign that kicks off later this year. He joins another sporting star in Red Bull's Perez in getting involved.

Perez - who finished third in the F1 drivers' standings in 2022 - will also represent his native country, by taking over Team Mexico for the 2023 season.

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