Ryan Reynolds, other investors back Renault's F1 team Alpine. Details here

Hollywood actor Ryan Reynolds and a group of investors have invested a cash worth 200 million euro ($218 million) in Alpine. Alpine has raised the funds for French operation's sporting ambitions in Formula 1.

Alpine was seeking funds to give tough competition to Formula One's leading teams. It finished at the fourth position last year. This year Alpine is at fifth position in championship race.

French automotive company Renault Group - Alpine's parent company - said on Monday that the group has acquired a 24 per cent stake in the team. It includes Otro Capital, RedBird Capital Partners and Maximum Effort Investments, which is led by Reynolds.


With drivers Pierre Gasly and Esteban Ocon, Alpine stands fifth in the constructors' championship. The team was fourth in the constructors' standings last year and has been struggling in its goal to close the gap on Red Bull, Ferrari and Mercedes this season.

Ryan Reynolds' Investment in Soccer, Formula One

Ryan Reynolds and Rob McElhenney are setting their sights on Formula One after soccer.

Reynolds and McElhenney completed a $2.5 million takeover of Welsh soccer team Wrexham in November 2020. The club was thrust into the global spotlight because of its A-list owners and secured promotion to the fourth tier of English soccer this season.

FAQs

Q1. What is the name of Ryan Reynolds' football team?
A1. Ryan Reynolds and McElhenney completed a $2.5 million takeover of Welsh soccer team Wrexham in November 2020. The club was thrust into the global spotlight because of its A-list owners and secured promotion to the fourth tier of English soccer this season.

Q2. What do we know about Alpine F1 team?
A2. Alpine is a French Formula 1 team. French automotive company Renault Group is Alpine's parent company. Alpine finished at the fourth position last year. This year Alpine is at fifth position in championship race.