Sports

Alpine: Ryan Reynolds and Rob McElhenney take 24% equity stake in F1 team

Wrexham Football Club owners Ryan Reynolds and Rob McElhenney will be part of an investor group taking a 24% equity stake in Alpine.

The Formula 1 team’s parent company, Renault, announced on Monday the two Hollywood actors will join Otro Capital and RedBird Capital Partners.

The 200m euro (£171m) deal values Alpine Racing, who are based in Britain, at about £706m.

Alpine are fifth in this year’s F1 constructors’ championship.

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