Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Ryan Reynolds and Rob McElhenney join investors buying into Alpine F1 team

by June 26, 2023
June 26, 2023
Ryan Reynolds and Rob McElhenney join investors buying into Alpine F1 team

Ryan Reynolds and Rob McElhenney have expanded their sporting portfolio by investing in Oxfordshire-based Formula One team Alpine Racing.

The Hollywood stars and co-owners of Wrexham are part of a $200m (approximately £157m) investment, representing a 24% stake in the team, who sit fifth in the constructors’ championship. Reynolds’ Maximum Effort production company has teamed up with Otro Capital and RedBird Capital Partners, with fellow actor Michael B Jordan also among the investors.

Reynolds and McElhenney have frequently attended games and promoted the whole town as part of their approach to Wrexham.

The news was announced by Alpine’s parent company Renault. James Toney, co-founder of Maximum Effort Investments with Reynolds, said on renaultgroup.com: “Maximum Effort Investments focuses on unlocking value through the power of storytelling, and we believe there is tremendous untapped potential in Alpine Racing. We are eager to help shine a light on this incredible team. We’re thankful to our partners at Otro Capital and RedBird Capital Partners and look forward to diving in with them, as well as our co-investors Michael B Jordan and Rob McElhenney.”

Since the Renault team was rebranded as Alpine in 2021, they have managed one victory and three podium finishes, with Esteban Ocon coming third in Monaco this season.

Read more:
Ryan Reynolds and Rob McElhenney join investors buying into Alpine F1 team

0
FacebookTwitterGoogle +Pinterest
previous post
Jay Blades MBE appointed as Vice President of City & Guilds
next post
Virgin Galactic prepares for lift off in key milestone for space tourism

You may also like

McDonald’s Loses ‘Big Mac’ Trademark Battle Against Irish...

June 6, 2024

Sterling faces fresh sell-off as soaring borrowing costs...

January 13, 2025

Bank lending to rise by £29bn as Britain...

May 15, 2023

Number of house sales this year forecast to...

August 30, 2023

UK SME’s more optimistic about their outlook as...

February 21, 2023

UK hospitality warns of ‘tidal wave’ of closures...

October 25, 2022

Starmer targets digital trade deal with Trump as...

February 7, 2025

M&S warns of possible price hikes as national...

November 7, 2024

Accountability and adaptability are the by-words of Tanzania...

November 14, 2024

RMT rejects new offer from rail employers in...

December 5, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Harmony Squad: Supreme Court Issues Six Unanimous Decisions

      June 5, 2025
    • Quick Login to AmourFactory: A Beginner’s Guide

      June 5, 2025
    • Disabling Trump’s “Tariff Button”

      June 5, 2025
    • ‘Sick puppy’ Tim Walz should never have been on Dems’ 2024 ticket, Trump says

      June 5, 2025
    • Federal judge orders Trump to restore funding to Clinton-era agency gutted by DOGE

      June 5, 2025
    • Musk says Trump would have lost 2024 election without him as ‘Big Beautiful Bill’ feud continues

      June 5, 2025

    Categories

    • Business (8,149)
    • Investing (2,011)
    • Politics (15,535)
    • Stocks (3,128)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved