Back to the Everton Newsfeed

Meet the 29-year-old crypto billionaire owner of an F1 team: Australia-based geek is friends with UFC star Israel Adesanya and has already made his mark in the Premier League

Related Topics: Israel Adesanya

A new player has entered the world of Formula One, and if his track record is anything to go by, be ready for things to be shaken up.

Edward Craven, 29, is a cryptocurrency and gambling magnate, Australia's youngest billionaire and the proud owner of the Sauber F1 team - officially known as Stake F1 Team Kick Sauber.

Craven owns crypto and gambling firm Stake.com, which boasts endorsement partnerships with the likes of Drake and Israel Adesanya, while he also launched streaming platform Kick.com in 2022.

The Melbourne-born entrepreneur made headlines in his hometown just under two years ago when he purchased two Toorak mansions for around $40million and $80million apiece.