WRE News: Ken Griffin Seeking Minority Stake in Miami Dolphins, Hard Rock Stadium & F1 Miami Grand Prix

Miami, FL – November 22, 2023 – Billionaire investor Ken Griffin is reportedly in discussions to acquire a minority stake in the Miami Dolphins, a move that would align him with a rising trend of finance magnates entering the realm of NFL team ownership.

The potential deal includes the sale of part of the Dolphins, a stake in the Hard Rock Stadium, and involvement in the F1MIA, according to an insider familiar with the matter. Current owner Stephen Ross, a billionaire real estate developer, is considering the sale as a strategic move to invest in other sports ventures, such as his existing holdings in the International Champions Cup. While the negotiations with Ross are ongoing and no final agreement has been reached, this venture could mark a significant development for Griffin, who was part of a consortium that unsuccessfully attempted to acquire Chelsea FC last year. For Ross, 83, the potential transaction could become the largest in NFL history, potentially surpassing the recent $6 billion purchase of the Commanders by an investor-led group earlier this year.