Hollywood actors Ryan Reynolds, Rob McElhenney and Michael B. Jordan are part of a consortium that has bought a 24% stake in Formula 1 team Alpine Racing.
Renault, Alpine’s parent company, announced on Monday that the group will invest 200 million euros in a share, valuing the team at 825 million euros, to help Alpine’s “growth strategy and sporting ambitions”.
the star of deadpoolRyan Reynolds and the creator of It never rains in PhiladelphiaRob McElhenney, have already enjoyed success in sporting investments as owners of Wrexham football club.
Backed by huge investments, the Galician team was promoted to the fourth tier of the English Football League for the first time in 15 years in April.
the actor of religious belief It is Panther black, Michael B. Jordan has also invested in Premier League club Bournemouth.
Ryan Reynolds’ production company Maximum Effort has teamed up with Otro Capital and RedBird Capital Partners, which recently acquired AC Milan and has a stake in Fenway Sports Group, owners of Liverpool and the Boston Red Sox.
“The Alpine F1 team will benefit from the collective experience of the group of investors and track record in the sports industry,” said the Renault Group statement.
Source: DN
