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Ryan Reynolds invests in a Formula 1 team

Hollywood actor Ryan Reynolds has decided to join a group of investors who have put a sum of around EUR 200 million into the Alpine Formula 1 team.

The news was confirmed by the group leader Renault. The group that invested the sum consists of Other Capital, RedBird Capital Partners and Maximum Effort Investments.

The French team was looking for investment that could help it close the gap with other teams such as Ferrari, Mercedes or Red Bull. The team is currently fifth in the constructors' championship and aims to reach 8 billion in revenue in 2030 and break-even in 2026.

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Ryan Reynolds aims for Formula 1
Hollywood actor Ryan Reynolds has decided to join a group of investors who have put a sum of around EUR 200 million into the Alpine Formula 1 team. The news was confirmed by the group leader Renault.
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The investment in the Alpine team
The group that invested the sum consists of Other Capital, RedBird Capital Partners and Maximum Effort Investments. The French team was looking for investments that could help it close the gap with other teams such as Ferrari, Mercedes or Red Bull.
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The situation of the French team
The Alpine team is currently fifth in the constructors' championship and aims to reach 8 billion in revenue in 2030 and break-even in 2026.
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The investment also in the world of soccer
The Alpine team also worked with English football club Wrexham AFC, which Ryan Reynolds bought in 2020 together with colleague Rob McElhenney. The team will play professional football for the first time in 15 years as they will be in the fourth division Football League Two next season.
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Success in profession and personal life
It is a golden moment for Ryan Reynolds, both professionally and in his private life. The actor, married to the actress Blake Lively, recently became a father for the fourth time.
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25/05/2024
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