P1racenews AI automatic summary:
Kansas City Chiefs pair Patrick Mahomes and Travis Kelce are among a group of sports stars who have joined the investment group that recently bought into Alpine’s Formula 1 team. Otro Capital annou…
Kansas City Chiefs’ Patrick Mahomes and Travis Kelce have joined the investment group that recently purchased a stake in Alpine’s Formula 1 team. The investment group, which already includes RedBird Capital Partners, Hollywood’s Ryan Reynolds, Michael B. Jordan, and Rob McElhenny, the Huntsman Family, and Main Street Advisors, announced a €200 million strategic investment in Alpine back in June. Now, Otro Capital has added multiple sports stars to the group, including Rory McElroy, Anthony Joshua, Trent Alexander-Arnold, Juan Mata, and Roger Ehrenberg. While this does not increase their stake in Alpine, the addition of these athletes and investors aims to boost Otro Capital’s partnership with Alpine F1 and expand the team’s reach to new fans globally. Mahomes and Kelce, in partnership with Otro Capital, are excited about the opportunity to contribute to the growth of Alpine F1 and bring their shared values to the world stage.
Source: Racer
