Developer Stephen Ross is renowned in real estate for high-profile projects around the country and in sports for his ownership of the Miami Dolphins.
Now he is looking to make a name for himself in a new niche: drone racing.
RSE Ventures, a venture-capital firm co-founded by Mr. Ross, is providing $1 million to the first round of funding for the Drone Racing League, a New York startup that is planning its first public race later this year.
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LEARN MORE ABOUT DRONE WORLDS | 2016 WORLD DRONE RACING CHAMPIONSHIPS
Check out this recent drone competition that happened in California to give you a general idea of what to expect.