Peter Thiel’s Pro-Doping Olympics Alternative Seeks to Raise $300 Million

The Enhanced Games, a planned Olympics-style event that welcomes doping and is backed by billionaire Peter Thiel, is in talks to raise around $300 million.

The London-based company held initial talks with several potential investors, including sovereign wealth funds, for a mixture of debt and equity financing ahead of its first competition next year, co-founder Christian Angermayer said in an interview. He declined to share further details on the terms.