Billionaire Ken Griffin ‘in talks with Stephen Ross to buy a minority stake in the Miami Dolphins, Hard Rock Stadium and the F1 Miami Grand Prix’
- Stephen Ross could hand over a share of the Dolphins to a fellow billionaire
- Ross paid $1 billion for 95 percent of the franchise in 2009
- DailyMail.com provides all the latest international sports news
Billionaire Ken Griffin is in talks to buy a minority stake in the Miami Dolphins, Hard Rock Stadium and the F1 Miami Grand Prix, according to a new report.
The Dolphins have been owned by real estate mogul Stephen Ross since 2009.
And according to Andy Slater of Fox Sports 640Ross could also welcome Griffin to the table, now that the hedge fund mogul is ready to invest his vast fortune in South Florida.
As noted by Joe PomplianoGriffin bought a $107 million home in Miami last year — the most expensive home in the city’s history.
Although the deal is not yet complete, Ross is considering raising more money to finance additional investments in sports and real estate, Slater wrote, citing an unnamed source.
Ken Griffin (left) could buy a minority share of the Miami Dolphins from Stephen Ross
The deal also includes a stake in the Miami Grand Prix, which Ross acquired in 2021
The Miami Dolphins – seen during a game vs. the Las Vegas Raiders – are 7-3 this season
Ross also owns Relevent Sports Group, which organized Premier League and La Liga tours in the US last summer.
Ross’s net worth is estimated by Forbes at $10.1 billion, while Griffin’s is estimated at a whopping $35.2 billion.
The Dolphins owner paid $1 billion for 95 percent of the franchise in 2009, while he took ownership of the Miami Grand Prix in 2021. Ross also invested $730 million in Hard Rock Stadium and surrounding properties, according to the team website.
The team is now valued at $5.7 billion.
Griffin, meanwhile, joined forces (unsuccessfully) with the Ricketts family of the Chicago Cubs to buy Chelsea last year.
The Dolphins are 7-3 this season.