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.