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Wrexham owners Reynolds & McElhenney join group buying into F1 team Alpine
Hollywood actors Ryan Reynolds and Rob McElhenney are joining an investor group taking a 24 per cent equity stake in Alpine Racing. The Formula 1 team's parent company Renault announced the move on Monday, with the €200m (£171m) deal valuing British-based Alpine at around £700m following the investment. Alec Scheiner, the co-founder and partner of Otro Capital, will join Alpine's board of directors. 'Deadpool' star Reynolds leads Maximum Effort Investments with McElhenney, of American comedy series 'It's Always Sunny in Philadelphia', and fellow-actor Michael B. Jordan as co-investors. Reynolds and McElhenney took over Wrexham in November 2020, funding the Welsh soccer...
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2y ago from SkySports.com
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