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.
Former England football captain David Beckham and actor Gary Oldman were knighted in King Charles' annual birthday honours list, while sculptor Antony Gormley was made a Companion of Honour.
China has cleared 51 tonnes of trash from a scenic southern region famed for a craggy peak featured in Hollywood blockbuster "Avatar", after videos went viral on social media showing ancient caves used as a rubbish dump.
Walt Disney and Comcast's Universal filed a copyright lawsuit against Midjourney on Wednesday, calling its popular AI-powered image generator a "bottomless pit of plagiarism" for its use of the studios' best-known characters.
K-pop supergroup BTS members RM and V were discharged from the South Korean military on Tuesday after mandatory service, as fans were counting down to the band's comeback with more members finishing their national duty later this month.
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