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.
Sean "Diddy" Combs was sentenced on Friday to more than four years in prison over his conviction on prostitution-related charges, with the judge rebuking the hip-hop mogul for subjecting two former girlfriends to years of abuse.
American superstar Taylor Swift's latest studio album "The Life of a Showgirl" has arrived on Friday with a promotional blitz that includes midnight sales at Target stores, a release party at movie theatres around the globe and pop-up experiences in New York and Los Angeles.
Scientist and global activist Jane Goodall, who turned her childhood love of primates into a lifelong quest for protecting the environment, has died at the age of 91, the institute she founded announced on Wednesday.
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Oscar-winning actress Nicole Kidman and country music star Keith Urban have separated after 19 years of marriage, various news outlets reported on Monday.
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