Ryan Reynolds and Rob McElhenney invest in Alpine F1 team
TL;DR Summary
Wrexham owners Ryan Reynolds and Rob McElhenney will be part of an investor group taking a 24 per cent stake in Formula One racing team Alpine, alongside Otro Capital and RedBird Capital Partners. The $218m deal values Alpine Racing at around $900m. The investment will help Alpine bridge the gap with F1's front-running operations, such as Red Bull and Mercedes, and bring extra star power to the team.
- Wrexham owners Reynolds and McElhenney part of group purchasing stake in F1 team Alpine The Athletic
- Reynolds, McElhenney join group investing in Alpine F1 team - ESPN ESPN
- Alpine secure €200m backing from investors including Hollywood actor Ryan Reynolds Formula 1
- Ryan Reynolds Invests in Alpine F1 Team The New York Times
- Wrexham owners Reynolds and McElhenney invest in ANOTHER team FootballTransfers
Reading Insights
Total Reads
0
Unique Readers
22
Time Saved
2 min
vs 2 min read
Condensed
83%
396 → 68 words
Want the full story? Read the original article
Read on The Athletic