{"id":18393,"date":"2023-06-26T21:25:29","date_gmt":"2023-06-26T15:55:29","guid":{"rendered":"https:\/\/www.businessupturn.com\/sports\/?p=327451"},"modified":"2023-06-26T21:25:29","modified_gmt":"2023-06-26T15:55:29","slug":"ryan-reynolds-and-rob-mcelhenney-join-investor-group-acquiring-stake-in-alpine-f1","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/sports\/formula-1\/ryan-reynolds-and-rob-mcelhenney-join-investor-group-acquiring-stake-in-alpine-f1\/","title":{"rendered":"Ryan Reynolds and Rob McElhenney join investor group acquiring stake in Alpine F1"},"content":{"rendered":"<p>Hollywood actors Ryan Reynolds and Rob McElhenney, known for their ownership of Wrexham AFC, have become part of an investor group acquiring a 24% stake in Alpine Racing, the parent company of Formula 1 team Alpine.<\/p>\n<p>The deal, valued at around \u00a3700 million, involves a \u00a3171 million investment and places the British-based Alpine at a higher valuation. Reynolds and McElhenney\u2019s investment is made through Maximum Effort Investments, alongside fellow actor Michael B. Jordan.<\/p>\n<p>Alec Scheiner, co-founder of Otro Capital, will also join Alpine\u2019s board of directors.<\/p>\n<p>This move aims to enhance Alpine\u2019s performance by leveraging the expertise of the investors in media and marketing strategies. Alpine, previously known as Renault in Formula 1, has a rich history and has achieved world championships in the past.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hollywood actors Ryan Reynolds and Rob McElhenney, known for their ownership of Wrexham AFC, have become part of an investor\u2026<\/p>\n","protected":false},"author":250,"featured_media":39128,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1955,943,142],"class_list":["post-18393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-formula-1","tag-alpine","tag-f1","tag-ryan-reynolds"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/18393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/comments?post=18393"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/posts\/18393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media\/39128"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/media?parent=18393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/categories?post=18393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/sports\/wp-json\/wp\/v2\/tags?post=18393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}