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Ryan Reynolds Invests in Formula One Team Alpine

KISS | June 28, 2023

Ryan Reynolds, the Canadian actor and entrepreneur, has invested in Formula One team Alpine. Reynolds is part of a group of investors that has acquired a 24% stake in the team. The deal is reportedly worth €200 million (around $220 million).

Reynolds is no stranger to the world of sports. He is a co-owner of the Wrexham football club in Wales. He is also a fan of Formula One and has attended races in the past.

In a statement, Reynolds said that he is “excited to be a part of the Alpine team” and that he believes in the team’s “potential to compete at the highest level.” He also said that he is “looking forward to working with the team to help them achieve their goals.”

Alpine is a French Formula One team that was founded in 2016. The team is currently owned by the Renault Group. Alpine has won two Formula One championships, in 1995 and 2006.

The investment from Reynolds and other investors is seen as a vote of confidence in Alpine. The team has been struggling in recent years, but the new investment could help them to turn things around.

Reynolds’ investment in Alpine is the latest in a string of investments by celebrities in Formula One. In recent years, David Beckham, LeBron James, and Justin Bieber have all invested in Formula One teams.

The investment by celebrities in Formula One is seen as a way to help the sport to reach a wider audience. Formula One is a global sport, but it has traditionally been seen as a sport for the wealthy and elite. The investment by celebrities could help to change that perception and make Formula One more accessible to a wider range of fans.

Written by KISS