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Alpine hail partnership with Hollywood stars
Ryan Reynolds and Rob McElhenney, the renowned Hollywood actors and owners of Wrexham FC, have joined forces with a group of investors to acquire a 200 million stake in Alpine Racing. The investment marks an expansion of their sports portfolio and demonstrates their continued interest in the world of professional athletics. The investor group, which includes Otro Capital, RedBird Capital, and Maximum Effort Investments, has secured a 24 percent equity stake in Alpine Racing, effectively valuing the racing team at approximately £700 million. This move signals the group's confidence in Alpine Racing's potential for growth and success in the competitive racing industry. Want to...
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2y ago from Formula1News.co.uk
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