Gov. Ron DeSantis of Florida is expected to officially enter the presidential race next week, allowing him to raise the vast amounts of cash he will need to challenge former President Donald J. Trump, according to two people familiar with his intentions.
Mr. DeSantis is expected to file paperwork declaring his candidacy with the Federal Election Commission ahead of a major fund-raising meeting with donors in Miami on May 25 that is meant to act as a show of his financial force. He must formally enter the race before he can solicit donations for his presidential campaign.
He is also likely to release a video to coincide with his official entrance into the race, and a blitz of events in the early nominating states will follow in the weeks ahead, according to one of the people. The Wall Street Journal first reported that Mr. DeSantis would file the paperwork next week.
Mr. Trump is running roughly 30 percentage points ahead of Mr. DeSantis in national polling averages, but the Florida governor would be the most credible Republican challenger to join the field so far.
He is likely to start with more money in an outside group than any Republican primary candidate in history. He has more than $80 million expected to be transferred from his state account to his super PAC, Never Back Down, which has also raised more than $30 million, in addition to having tens of millions more in donor commitments, according to people familiar with the fund-raising.
Mr. DeSantis also has a long...
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