Baron's getting into boating!!!
Ex-NBA star Baron Davis has officially invested in a new team in the sailboat racing league SailGP ... and he's fired up over it all, telling TMZ Sports the action is like "Formula 1 on water."
Davis' new squad promises to be unique -- it'll actually be one he'll share with a bunch of other fans, who can buy into the franchise just like the former Golden State Warriors point guard.
According to SailGP, Davis -- along with the other fans who invest -- will have a say in the team's day-to-day operations, hirings and firings .