Ohanian is perhaps best known as the cofounder of Reddit, but he's also an investor who's made no secret of his interest in investing in sports. During a press event in New York City this week, he said the idea for Athlos came to him while watching the Olympics, during which millions of people tune in to watch track and field events. His logic: Why not try to tap into that audience outside of larger events?
Sydney McLaughlin-Levrone ran the fastest women's 400 metres in 40 years to claim world championship gold in 47.78 sec on Thursday and complete her transition from the one-lap hurdles in emphatic style. The American stormed through the Tokyo rain to add a first global gold in the flat 400m to the two Olympic and one world titles she won over the hurdles.
Athlos debuted at Icahn Stadium in New York City, featuring six events: 100m, 100m hurdles, 200m, 400m, 800m, and 1500m. The event boasted a large prize purse, with winners earning $60,000 and athletes receiving a share of the event's revenue, a rare arrangement in track and field.
The Armory, a wartime structure in Washington Heights, has transformed from a military facility into a cultural hub, hosting youth and professional track and field events.
Caster Semenya recently gained a partial victory from the European Court of Human Rights in her ongoing legal struggle against track and field's sex eligibility rules, asserting her rights were violated.