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Ryan Reynolds and Rob McElhenney to invest in F1 team
Ryan Reynolds and Rob McElhenney to invest in F1 team
Wrexham owners and Hollywood actors Ryan Reynolds and Rob McElhenney are part of an investor group that has bought a 24 per cent in F1 team Alpine. Renault, the Formula One team’s parent company, confirmed that Reynolds and McElhenney had joined RedBird Capital Partners, the US investment firm who own Italian football club AC Milan and also have stakes in Liverpool owners Fenway Sports Group, in the deal. The 24 per cent equity purchase of £171m values Alpine at around £706m and the team said they will hope to compete for the F1 championship following the increased investment. Alpine, who are based in Britain and were born after Renault rebranded its F1 outfit two years ago, finished fourth in the constructors championship behind Red Bull, Ferrari and Mercedes last season. Reynolds and McElhenney made their first steps into sports ownership when they announced a shock takeover of non-league side Wrexham in 2020. Under their ownership and alongside the popular documentary show Welcome to Wrexham, the Welsh side returned to the Football League with promotion last season following a memorable campaign. Hollywood actor and Creed star Michael B Jordan, who has a minority stake in Premier League team Bournemouth, and US-based Otro Capital are also among the new group of investors in Alpine, the team confirmed. Alpine chief executive Laurent Rossi said: "This association is an important step to enhance our performance at all levels." Read More Ryan Reynolds and Rob McElhenney insist they will not get bored at Wrexham Why Wrexham? How Ryan Reynolds and Rob McElhenney came to buy a club they’d never heard of
2023-06-26 15:16
'Quordle' today: Here are the answers and hints for October 14, 2023
'Quordle' today: Here are the answers and hints for October 14, 2023
If Quordle is a little too challenging today, you've come to the right place for
2023-10-14 07:47
Amazon's Amazing Cyber Monday Deals Are Here: Heavy Discounts on TVs, Tablets, Laptops, Headphones, and More
Amazon's Amazing Cyber Monday Deals Are Here: Heavy Discounts on TVs, Tablets, Laptops, Headphones, and More
It's Cyber Monday, and online retailers are celebrating with massive discounts. While Black Friday gets
2023-11-27 05:51
Elon Musk reverses plan to get rid of 'light mode' on X
Elon Musk reverses plan to get rid of 'light mode' on X
Twitter has gone through some drastic changes over the past week. Elon Musk renamed the
2023-07-28 23:24
Print documents anywhere with this $180 thermal printer
Print documents anywhere with this $180 thermal printer
TL;DR: As of June 19, get the NEWYES Portable Wireless Thermal A4 Printer for just
2023-06-19 17:57
Panda Dome Advanced Review
Panda Dome Advanced Review
Not every security suite uses the words “security” or “suite” in its name. Panda Dome
2023-09-29 00:15
Asus ROG Strix Z790-A Gaming Wi-Fi II Review
Asus ROG Strix Z790-A Gaming Wi-Fi II Review
According to Asus, its ROG Strix Z790-A Gaming Wi-Fi II motherboard serves Z790 refresh customers
2023-12-01 08:45
UK bans recreational use of nitrous oxide
UK bans recreational use of nitrous oxide
Possessing laughing gas to get a psychoactive high became illegal in Britain on Wednesday, with serial offenders facing up to two years in prison and...
2023-11-08 09:22
BT Joins Vodafone in Slashing Jobs: The London Rush
BT Joins Vodafone in Slashing Jobs: The London Rush
BT’s plans to significantly cut their workforce have been long-signaled, with cost-cutting one of the companies key goals
2023-05-18 15:55
Fast fashion firms prepare for EU crackdown on waste mountain
Fast fashion firms prepare for EU crackdown on waste mountain
By Corina Pons and Helen Reid BARCELONA/LONDON In a warehouse on the outskirts of Barcelona, women stand at
2023-09-01 14:15
How to have mind-blowing phone sex
How to have mind-blowing phone sex
Phone sex might sound a little bit retro, given that the age of smartphones and
2023-05-30 19:15
French shrug off Muslim upset at abaya ban in schools
French shrug off Muslim upset at abaya ban in schools
France is broadly supportive of stopping girls wearing the robe, but many Muslim women are unhappy.
2023-09-09 08:49