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The youngest sports team owners from a F1 crypto billionaire to a bunch of teens who bought a club with their student loans

A 28-year-old Australian crypto billionaire made history last week when he became the youngest ever owner of an F1 team.

Edward Craven, who is his country's youngest billionaire, completed a takeover of the Sauber F1 team, before revealing it would be renamed Stake F1 Team Kick Sauber for the 2024 season, replacing the Alfa Romeo title from last year.

Craven's purchase sent shockwaves through the sport, with most owners of the other F1 teams similarly hugely wealthy, but much more experienced in terms of life and business.

Fans of any team across sports always hope their club chiefs have plenty of money, along with the best interests of their team at heart.