Olympics

Billionaire Peter Thiel funding athletic occasion that won’t check for PEDs: ‘Olympics on steroids’


The “Enhanced Video games” will kick off in December.

Dubbed the “Olympics on steroids,” athletes won’t be subjected to performance-enhancing drug testing.

Because the occasion’s inception final summer time, reactions have been largely adverse, however the occasion has the monetary assist of billionaire Peter Thiel.

Thiel is a co-founder of PayPal, Founders Fund and Palantir Applied sciences, and his web value is estimated to be $6.2 billion. He was additionally the primary exterior investor in Fb.

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Peter Thiel at Bitcoin conference

Peter Thiel, co-founder of PayPal, Palantir Applied sciences and Founders Fund, holds $100 payments as he speaks throughout the Bitcoin 2022 Convention at Miami Seaside Conference Middle April 7, 2022, in Miami, Fla. (Marco Bello/Getty Pictures)

He additionally funded Hulk Hogan’s lawsuit in 2016 in opposition to Gawker Media. Hogan’s legal professional was Aron D’Souza, the founding father of the video games.

Thiel’s funding is reported to be a “multimillion-dollar” determine. Crypto investor Balaji Srinivasan and biotech investor Christian Angermayer have additionally funded the occasion.

D’Souza mentioned Thiel “see[s] the imaginative and prescient of a brand new mannequin of sports activities that overtly celebrates scientific innovation and truthfully represents the usage of efficiency enhancements in sports activities at the moment.”

“Backed by the world’s prime enterprise capitalists, the Enhanced Video games is the Olympics of the longer term,” the occasion’s web site says. “When 44% of athletes already use efficiency enhancements, it’s time to safely have a good time science.”

Peter Thiel

Peter Thiel, accomplice, Founders Fund, speaks onstage throughout the 2018 New York Occasions Dealbook Nov. 1, 2018, in New York Metropolis.   (Michael Cohen/Getty Pictures for The New York Occasions)

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The location says “sports activities could be safer with out drug testing,” offering research to show its case below ITS “Science Is Actual” tab.

“Let’s be clear. Drug testing is about equity, not security,” D’Souza says. “Enhanced goals to be the most secure sporting occasion on this planet. On the Enhanced Video games, we prioritize athlete security. In partnership with prime scientists and clinicians, we’re growing a full-system medical pre-competition screening protocol to guard athletes competing within the Enhanced Video games.”

Peter Thiel speaking

Peter Thiel, co-founder of PayPal, delivers a speech throughout the Republican Nationwide Conference July 21, 2016, on the Quicken Loans Enviornment in Cleveland. (Alex Wong/Getty Pictures)

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Not solely are the video games geared toward being secure, however contemplating previous lies by PED customers, D’Souza says the occasion will probably be a good competitors contemplating the dearth of testing.

Observe Fox Information Digital’s sports activities protection on X and subscribe to the Fox Information Sports activities Huddle publication.


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