Golfer Rory McIlroy, Kansas City Chiefs quarterback Patrick Mahomes, and Liverpool soccer player Trent Alexander-Arnold have made an intriguing foray into the world of motorsport by deciding to invest in the Formula 1 Alpine team.
In a recent, high-profile announcement by the private investment firm Otro Capital, these esteemed athletes have joined forces with an equally notable trio of Hollywood stars: Ryan Reynolds, Rob McElhenney, and Michael B.
Jordan. Their investment, made in June of the previous year, saw the trio of actors infuse a substantial sum of 200 million dollars into the Alpine team, securing a significant 24 percent stake in the French racing outfit. The Alpine team, while bearing the name of its parent company Renault, is a standout in the Formula 1 racing world.
The team's headquarters are strategically placed in two locations, with Enston, Great Britain serving as the primary hub, and an additional facility situated in Viry Chatillon near Paris. This dual-location setup has allowed Alpine to leverage both British and French expertise and resources, making it a compelling choice for investors seeking to make a mark in the world of Formula 1 racing.
Rory McIlroy, renowned for his prowess on the golf course, Patrick Mahomes, the superstar quarterback for the Kansas City Chiefs, and Trent Alexander-Arnold, one of Liverpool's standout soccer players, all share a common enthusiasm for Formula 1 racing.
Their investment in the Alpine team not only signifies a growing diversification of their portfolios but also underlines the magnetic allure of Formula 1 as a high-stakes and highly competitive sporting endeavor.
Alpine finds itself in sixth place in the constructors' standings
As the motorsport world eagerly anticipates the impact of this star-studded investment, it is evident that the Alpine team is set to gain not only significant financial backing but also a surge of global attention from fans and enthusiasts who follow these iconic athletes.
This move by McIlroy, Mahomes, and Alexander-Arnold further underscores the ever-expanding and eclectic nature of investment in the world of professional sports. "These are top investors, athletes, artists and entrepreneurs dedicated to the progress of the Alpine team," said one of the leaders of Otro apital, Alec Scheiner.
Among the notable investors associated with Otro Capital are ex-Manchester United soccer player Juan Mata, heavyweight boxer Anthony Joshua, and Kansas City Chiefs standout Travis Kelce. As the Formula 1 championship enters its final five races, Alpine finds itself in sixth place in the constructors' standings, having amassed a commendable total of 60 points.