P1racenews AI automatic summary:
The team has welcomed further investment from headline figures from the world of sports.
Alpine has received a €200 million investment from Otro Capital, which has brought on board a group of renowned sports stars including Patrick Mahomes, Travis Kelce, Rory Mcllroy, and Trent Alexander-Arnold. This move aims to enhance the global presence of the Alpine brand and strengthen Renault’s position in the sports car market. Other notable investors in this consortium include Anthony Joshua, Juan Mata, and Roger Ehrenberg. This investment follows a previous partnership between Otro Capital, RedBird Capital Partners, and Maximum Effort Investors. Notably, Ryan Reynolds, owner of Wrexham FC and known for his involvement in Deadpool and Aviation Gin, has ties to these investments. Alexander-Arnold expressed his excitement to be part of the investment group, emphasizing the shared goal of contributing to Alpine’s success in the ever-growing sport of Formula 1.
Source: RacingNews 365
