The Alpine Formula 1 team is now owned by Liverpool star Trent Alexander-Arnold, Ryan Reynolds, and Rob McElhenney, the co-owners of Wrexham.

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Consequently, what happened?

Among the sportsmen included in Investment Manager APEX’s strategic investment in motor racing is the England international defender. APEX is a sports, media, and entertainment-focused investment manager. The project also piques the interest of tennis player Alexander Zverev, golf superstar Rory McIlroy, and former heavyweight boxing champion Anthony Joshua.

THE LARGER IMAGE

They join the syndicate that Otro Capital established, having spent $200 million (£165 million) for a 24 percent stake in Alpine in June. Actors Reynolds, McElhenney, and Michael B. Jordan were part of the original agreement, and they are all involved in British football at Wrexham and Bournemouth. Star players Patrick Mahomes and Travis Kelce of the Kansas City Chiefs have also invested.

THINGS THEY SAID

Alexander-Arnold expressed her excitement about the concept by saying, “I am thrilled to lead an investor group investing in Alpine F1.” The idea excites me much; Formula One is growing rapidly on a global basis, and I’m eager to support that growth. The sport mixes creativity, accuracy down to the last detail, and teamwork in a high-stress environment—qualities that are similar to mine.

UP NEXT: WHAT HAPPENS?

Alpine finished fourth in the 2022 Formula One Constructors’ Championship, but has since lagged behind teams like McLaren and Aston Martin this season. They remain incredibly ambitious, with Esteban Ocon and Pierre Gasly signed as drivers through 2024; the squad is believed to be worth $900 million (£741 million).