Alpine F1 team, formerly known as Renault F1 team, has secured a $218 million investment from new backers, including Hollywood star Ryan Reynolds. The investment comes at a crucial time for the team, as they aim to compete with the likes of Mercedes, Red Bull, and Ferrari in the upcoming Formula One season.
The investment was made by a group of investors led by French businessman Laurent Rossi, who was recently appointed as CEO of the Alpine F1 team. The group also includes Reynolds, who is known for his roles in movies such as Deadpool and The Proposal, as well as Swiss businessman and racing enthusiast, Marc A. Hayek.
The investment will be used to fund the team’s operations and development, including the development of their new car for the 2022 season. It will also help the team to attract top talent and improve their competitiveness on the track.
For Reynolds, the investment is not just a financial opportunity, but also a chance to be part of a sport he has been passionate about since he was a child. In a statement, he said, “I’ve been a fan of Formula One my entire life. When the opportunity came to invest in an F1 team, I jumped at it. This is a dream come true for me.”
The Alpine F1 team has a rich history in Formula One, having won two Constructors’ Championships and two Drivers’ Championships in the past. However, they have struggled in recent years, finishing fifth in the 2020 season.
With the new investment and leadership under Rossi, the team is hoping to turn things around and become a top contender once again. Rossi has already made some changes within the team, including the appointment of former Suzuki MotoGP boss Davide Brivio as Racing Director.
The investment from Reynolds and the other investors is also a sign of the growing popularity of Formula One in North America. Reynolds is one of several Hollywood stars who have shown an interest in the sport, including Michael Fassbender, Patrick Dempsey, and Chris Hemsworth.
Overall, the investment from Reynolds and the other investors is a significant boost for the Alpine F1 team. It will help them to compete with the top teams in Formula One and attract new fans to the sport. With the new leadership and investment, the team is poised for a successful future in Formula One.
