Actors Ryan Reynolds and Rob McElhenney have joined a group of investors who have acquired a 24% stake in Formula 1 team Alpin, the manufacturer Renault said in a press release quoted by globenewswire.com.
The buyers were Otro Capital, RedBird Capital Partners and Maximum Effort Investments, the transaction amounted to 200 million euros. Alec Shiner, co-founder and partner of Otro Capital, will join Alpin’s board of directors.
RedBird, a US investment firm headed by former Goldman Sachs banker Jerry Cardinale, is an investor in Fenway Sports Group, which owns English Premier League club Liverpool and the Boston Red Sox baseball team. RedBird also owns a majority stake in French football club Toulouse and bought Italy’s AC Milan last August in a €1.2 billion deal that also included the owners of the baseball team. of the New York Yankees.
Alpin finished fourth in the constructors’ championship last season.
Known for his role as Deadpool, Reynolds, along with McElhenney, acquired Wrexham football club in 2020, which following the results of the 2022/23 season moved into the fourth tier of English football.
Source : MatchTV
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