Wrexham’s Hollywood owners Ryan Reynolds and Rob McElhenney are part of group taking 24% stake in Alpine F1 team | CNN

Wrexham’s Hollywood owners Ryan Reynolds and Rob McElhenney are part of a new investment group into Formula One team Alpine, the team’s parent company announced.

Wrexham’s Hollywood owners Ryan Reynolds and Rob McElhenney are part of a new investment group that is taking a 24% equity stake in Formula One outfit Alpine, the team’s parent company, Renault, announced on Monday. The investment group also includes Otro Capital and RedBird Capital Partners. As well as Reynolds and McElhenney, fellow actor Michael B.

“First, Otro Capital, RedBird Capital Partners and Maximum Effort Investments, as international players with strong track record in the sports industry, will bring their recognized expertise to boost our media and marketing strategy, essential to support our sporting performance over the long term.

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