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Motorsport
Motorsport
Sport
Filip Cleeren

Alpine F1 secures 200m euro from investors including Ryan Reynolds

Alpine Ryan Reynolds Alpine F1 Maximum Effort Investments Otro Capital Renault RedBird Capital Partners Laurent Rossi Alpine F1 Team Enstone

On Monday Alpine's parent group Renault announced it has sold the shares, valuing the team at $900m, to an investment group including Otro Capital, RedBird Capital Partners and Maximum Effort Investments.

US investment firm RedBird's portfolio includes the third-largest stake in Fenway Sports Group, a group which owns the MLB team Boston Red Sox and Premier League club Liverpool FC. It also holds a stake in football clubs AC Milan and Toulouse.

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