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The Hindu
The Hindu
Sport
Reuters

F1 team Alpine secure €200m backing from investors including Wrexham owners Ryan Reynolds, Rob McElhenney

Hollywood actors Ryan Reynolds and Rob McElhenney are joining Otro Capital and RedBird Capital Partners in an investor group taking a 24% equity stake in Alpine Racing, the Formula One team's parent company Renault announced on June 26.

The €200 million ($218.10 million) deal values British-based Alpine Racing at around $900 million following the investment.

Alec Scheiner, the co-founder and partner of Otro Capital, will join Alpine Racing's board of directors.

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