{"id":42742,"date":"2023-06-26T07:22:17","date_gmt":"2023-06-26T07:22:17","guid":{"rendered":"https:\/\/fusefornews.com\/2023\/06\/26\/alpine-ryan-reynolds-and-rob-mcelhenney-part-of-group-taking-24-equity-stake-in-f1-team\/"},"modified":"2023-06-26T07:22:17","modified_gmt":"2023-06-26T07:22:17","slug":"alpine-ryan-reynolds-and-rob-mcelhenney-part-of-group-taking-24-equity-stake-in-f1-team","status":"publish","type":"post","link":"https:\/\/fusefornews.com\/?p=42742","title":{"rendered":"Alpine: Ryan Reynolds and Rob McElhenney part of group taking 24% equity stake in F1 team"},"content":{"rendered":"

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\"Rob<\/span><\/span>
Rob McElhenney and Ryan Reynolds (centre) took over at Wrexham in 2021 and watch the side win promotion back to the Football League in 2023<\/figcaption><\/figure>\n

Wrexham Football Club owners Ryan Reynolds and Rob McElhenney are part of an investor group taking a 24% equity stake in Formula 1 team Alpine. <\/span><\/p>\n

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Alpine’s parent company, Renault, announced on Monday the two Hollywood actors are investing alongside Otro Capital and RedBird Capital Partners. <\/span><\/p>\n<\/div>\n

The 200m euros (\u00a3171m) deal values Alpine Racing, which is based in Britain, at about \u00a3706m.<\/span><\/p>\n

Alpine are fifth in this year’s F1 constructors’ championship. <\/span><\/p>\n

Reynolds and McElhenney completed their takeover at Wrexham in 2021 and the Welsh club were promoted back to the Football League after a 15-year absence when they won the <\/span>National League title<\/span><\/a> in April. <\/span><\/p>\n

US investment firm RedBird is an investor in Fenway Sports Group, the owner of Premier League side Liverpool and the Boston Red Sox baseball team.<\/span><\/p>\n

RedBird bought Italian Serie A club AC Milan in August 2022 in a 1.2bn euro deal and also has a controlling stake in French Ligue 1 side Toulouse.<\/span><\/p>\n

Alpine chief executive Laurent Rossi said: “This association is an important step to enhance our performance at all levels.” <\/span><\/p>\n

Rossi added the investment would “boost” the F1 team’s media profile, which in turn would support Alpine’s “performance over the long term”.<\/span><\/p>\n

\"Watch<\/span><\/span>\"Watch<\/span><\/span><\/div>\n

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[ad_1] Rob McElhenney and Ryan Reynolds (centre) took over at Wrexham in 2021 and watch the side win promotion back to the Football League in 2023 Wrexham Football Club owners … <\/p>\n","protected":false},"author":1,"featured_media":42743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/42742"}],"collection":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42742"}],"version-history":[{"count":0,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/42742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/media\/42743"}],"wp:attachment":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}