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Trio Of Hollywood Stars Front $220M Investment Into Alpine F1 Team

Jun 26, 2023

Hollywood stars Ryan Reynolds, Rob McElhenney, and Michael B. Jordan are part of a $220 million capital infusion into the Renault-owned Alpine Formula 1 team.

The trio — working through Reynolds’ Maximum Effort Investments — will join a broader investment effort that also includes Otro Capital and RedBird Capital Partners and will acquire a 24% stake in the Alpine team. The agreement implies a valuation of about $900 million on the team.

RedBird’s interest in the Alpine team was previously reported, but the arrival of the Hollywood trio gives the effort another sizable jolt of star power. The investment group will aid in key revenue-generating activities, such as media rights and sponsorship sales, during a boom period for F1.

Source: Front Office Sports

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