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Laurent Rossi Ryan Reynolds Rob Macelhenney Gerry Cardinale Boston Jordan county Alpine Football Sporting mountaineering Laurent Rossi Ryan Reynolds Rob Macelhenney Gerry Cardinale Boston Jordan county Alpine

Wrexham owners Ryan Reynolds and Rob McElhenney buy stake in Alpine F1

manchestereveningnews.co.uk

Wrexham's Hollywood co-owners Ryan Reynolds and Rob McElhenney have joined an investment group which will be buying a 24 per cent stake in F1 team Alpine.

Alpine's parent company Renault announced the move on Monday in a deal which is worth £171m ($217m). The deal values Alpine at £700m ($891m).

Reynolds leads Maximum Effort Investments which McElhenney and fellow actor Michael B. Jordan have joined as co-investors. Jordan is also an investor in football, holding a stake in Premier League side AFC Bournemouth.

Reynolds and McElhenney have also been joined in the investment by Otro Capital and RedBird Capital Partners. RedBird is run by former Goldman Sachs banker Gerry Cardinale who is also an investor in Fenway Sports Group, the owner of Premier League side Liverpool and the Boston Red Sox baseball team. ALSO READ: Inside Reynolds and McElhenney's approach to running Wrexham RedBird also has a controlling stake in Toulouse and was part of the AC Milan purchase last summer.

Football Sporting mountaineering Laurent Rossi Ryan Reynolds Rob Macelhenney Gerry Cardinale Boston Jordan county Alpine
Read more on the manchestereveningnews.co.uk
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