Royal motor racing has risen sharply in price
News from the start of the week is the purchase by famous Canadian-American actor and Welsh football club owner Rex Ryan Reynolds of a 24% stake in the Alpin Formula 1 team for $200 million. The actor did not lay out this amount himself, but together with friends and colleagues Rob McElhenney and Michael B Jordan. It will also be reported that several investment funds participated in the deal.
On the one hand, the amount paid by investors for not even a quarter of Alpin’s shares is really impressive. Especially when you consider the status and results of the team – two fifths and one fourth in three seasons.
On the other hand, it makes us evaluate the scale of investments and the cost of stables in the Royal Races. Well, to evaluate the foresight of Reynolds and his partners: last season, Alpin received 35 million in profit, second only to Ferrari and Mercedes in this indicator.
The last two teams are the most expensive in the Formula, according to the analytical portal Sportico. The cost of Ferrari is 3.13 billion dollars, Mercedes is estimated at 2.7 billion. Alpin is the sixth most valuable stable: with an estimate of 1.08 billion, the team is behind Red Bull (2.42 billion), McLaren (1.56 billion) and Aston Martin (1.14 billion).
Four teams are valued under a billion in Formula 1: Alfa Tauri (905 million), Alfa Romeo (815 million), Williams (795 million) and Haas (710 million).
Three out of 10 stables lost last season: Aston Martin – 55 million, Williams – 12 million and McLaren – 8 million.
Red Bull and Alfa Tauri received four million dollars each, Haas – six million, Alfa Romeo – eight million.
Source: Sportarena
I am Mary James, a passionate journalist and content creator who enjoys writing about the world of sports. I specialize in covering racing-related news for athletistic, one of the top websites dedicated to this topic. With my expertise in motorsports, I have been able to write compelling stories that captivate readers all over the world.
