Alpine boosted by $200m investment from who’s who of sports stars

Alpine boosted by $200m investment from who’s who of sports stars

P1racenews AI automatic summary:


Rory McIlroy, Anthony Joshua and Travis Kelce are among the big-name investors into Alpine’s F1 team.

Otro Capital, an investment firm, has announced a $200m investment into Alpine, which is owned by Renault Group, earlier this year. This investment involved acquiring a 24% stake in the team, which values Alpine at approximately $900m. Several high-profile individuals, including Hollywood star and Wrexham FC owner Ryan Reynolds, have already confirmed their involvement in this venture. Other notable names that have joined the investment group include NFL player Patrick Mahomes, golfer Rory McIlroy, heavyweight boxer Anthony Joshua, footballer Trent Alexander-Arnold, and footballer Juan Mata. These investors are excited to contribute to the growth and success of Alpine F1 and bring their shared values to the world stage of Formula 1.

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Source: Crash

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