Wrexham owners Ryan Reynolds and Rob McElhenney are part of an investor group which will take up a 24 per cent equity stake in Formula 1 team Alpine.
The French team, whose parent company is Renault, announced on Monday that the two Hollywood stars were investing alongside Otro Capital and RedBird Capital Partners in a £171m deal, which values Alpine at roughly £706m. Esteban Ocon and Pierre Gasly, two Frenchman, drive for the team who are currently fifth in this year's constructors' championship.
Two years ago they won their first race since being rebranded as Alpine as Ocon took victory in Hungary. The outfit's chief executive Laurent Rossi said the investment would "boost" their media profile whilst also adding: "This association is an important step to enhance our performance at all levels."
