The soccer star has bought a ten percent stake in the UK electric startup Lunaz.
David Beckham is not just a soccer and fashion icon - he's also an avid car enthusiast, who has owned everything from a classic Aston Martin V8 Volante to a McLaren 720S. Taking his passion for cars to the next level, Beckham has slowly been making inroads into the auto industry.
He's the face of Maserati after becoming the Italian automaker's brand ambassador, and now he's bought a stake in a car company. To be more specific, David Beckham now owns ten percent of the UK electric car company Lunaz, which converts classic combustion cars into emissions-free EVs.
"Lunaz represents the very best of British ingenuity in both technology and design. I was drawn to the company through their work restoring some of the most beautiful classic cars through upcycling and electrification. David Lorenz and his team of world-class engineers are building something very special and I look forward to being part of their growth."
Founded in 2018 and based in Silverstone, England, Lunaz has built electric versions of the Range Rover Classic, Bentley S3 Continental Flying Spur, Rolls-Royce Phantom V, and Rolls-Royce Silver Cloud.
Looking ahead, Lunaz won't only specialize in electrifying classic cars as the company wants to expand into the commercial market starting with heavy-duty vehicles including garbage trucks. As part of this expansion, Lunaz Group is being restructured into three sub-brands.
Lunaz Design will focus on converting classic cars into EVs, while Lunaz Applied Technologies will upcycle and re-engineer specialist industrial fleet vehicles. Lunaz Powertrain, on the other hand, will supply other manufacturers with its modular electric powertrain. Each conversion is fitted with a battery with capacities ranging from 80 kWh to 120 kWh and an electric motor producing up to 375 horsepower. Unsurprisingly, these conversions aren't cheap: the electric Range Rover Classic will set you back £245,000 ($326,524).