David Beckham has taken a 10 per cent stake in Lunaz, a UK-based car restoration and electrification firm, as the former England football captain builds on diverse investments in companies related to e-sports and automobiles.
Beckham had invested in Lunaz through his investment vehicle, DB Ventures, the company said on Thursday, but did not disclose the value of the deal.
"I was drawn to the company through their work restoring some of the most beautiful classic cars through upcycling and electrification," Beckham said in a statement. He will join Lunaz's founders and the Barclay, Reuben and Dellal families as a shareholder.
Founded in 2018 by David Lorenz, Lunaz re-engineers and electrifies classic cars made by Rolls-Royce, Jaguar and Range Rover and Bentley.
Beckham became co-owner of London-based virtual sports academy Guild Esports last year. He also co-owns Major League Soccer's Inter Miami and has a nearly 5 per cent stake in Cellular Goods, which makes skincare and athletic recovery products.
Lunaz did not immediately respond to a request for comment, while the former Manchester United player or his publicist could not be immediately reached for further comment.
A tech billionaire's secret survival bunker inspired Florian Zeller's latest film, which premiered at the Venice Film Festival on Tuesday, providing a warning about isolation, power and a world controlled by a wealthy few.
Family members of a 14-year-old girl whom the recording artist known as D4vd is charged with fatally stabbing and dismembering have filed a wrongful death lawsuit against the singer and some of his associates, news media outlets reported on Tuesday.
The White House has released a new arcade website where users play 1980s-style video games that block "the coming horde" at the US-Mexico border, fill Trump Accounts for children and pursue other priorities of President Donald Trump.
The UAE National Orchestra opens its second season with "To This Land, We Belong", an ode to the nation, featuring three opening concerts by celebrated Emirati composers Khalid Nassir, Ali Kano, and Fayez Al Saeed.