Ryan Reynolds Buys Stake in F1 Racing Team, Growing His Business Empire
1 year, 5 months ago

Ryan Reynolds Buys Stake in F1 Racing Team, Growing His Business Empire

Live Mint  

Actor and entrepreneur Ryan Reynolds is expanding his business empire into Formula One racing. Reynolds and a group that includes celebrity American investors, such as his business partner and fellow actor Rob McElhenney, are buying a 24% stake in the Alpine F1 team for about $218 million, the team’s owner said Monday. The investors are buying a stake in Alpine Racing Ltd, the parent company of the Alpine team, according to Renault Group, a French auto manufacturer and the team’s owner. He has used his marketing savvy to build an off-screen empire, purchasing stakes in the gin brand Aviation, the cell phone company Mint Mobile and a Welsh soccer team. Renault renamed the team Alpine in 2021 after the company’s sports car brand, Société des Automobiles Alpine SAS.

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Struggling F1 team Alpine will pull the plug on Renault as its engine provider
2 months, 3 weeks ago

Struggling F1 team Alpine will pull the plug on Renault as its engine provider

Associated Press  

Struggling Formula 1 team Alpine confirmed it will no longer use its homemade Renault engines in 2026. Alpine said in a statement on Monday that its F1 engine factory at Viry-Chatillon on the outskirts of Paris would become an engineering center called Hypertech Alpine, starting from the end of this year. “ aims to maintain the knowledge and skill of …

Ryan Reynolds’ F1 investment is ‘fantastic’ news for Alpine’s future, says Ocon
1 year, 5 months ago

Ryan Reynolds’ F1 investment is ‘fantastic’ news for Alpine’s future, says Ocon

New York Times  

Esteban Ocon believes Ryan Reynolds’ investment in Alpine is “fantastic” news and the actor’s business expertise will make him a “very good asset” for the Formula One team. “He also said that he was very much looking forward to learn from our world, see how things work, and yeah, just to have a racing chat altogether.” Ocon added that he …

Ryan Reynolds, Rob McElhenney take equity stake in in Alpine Racing
1 year, 5 months ago

Ryan Reynolds, Rob McElhenney take equity stake in in Alpine Racing

The Hindu  

Hollywood actors Ryan Reynolds and Rob McElhenney are joining Otro Capital and RedBird Capital Partners in an investor group taking a 24 per cent equity stake in Alpine Racing, the Formula One team’s parent company Renault announced on Monday. U.S. investment firm RedBird, run by former Goldman Sachs banker Gerry Cardinale, is an investor in Fenway Sports Group, the owner …

Wrexham owners Reynolds and McElhenney part of group purchasing stake in F1 team Alpine
1 year, 5 months ago

Wrexham owners Reynolds and McElhenney part of group purchasing stake in F1 team Alpine

New York Times  

Wrexham owners Ryan Reynolds and Rob McElhenney will be part of an investor group taking a 24 per cent stake in Formula One racing team Alpine. The F1’s team’s parent company, Renault, confirmed that Reynolds and McElhenney will join Otro Capital and RedBird Capital Partners to purchase a stake. GO DEEPER Wrexham sign Will Boyle as first summer transfer “Otro …

Formula One: Alpine F1 boss warns of ‘consequences’ of failure
1 year, 7 months ago

Formula One: Alpine F1 boss warns of ‘consequences’ of failure

The Hindu  

Alpine boss Laurent Rossi has warned the Renault-owned Formula One team he will make changes before the end of the season if performance does not improve. Alpine ended last year fourth but is now sixth with French drivers Esteban Ocon and Pierre Gasly scoring just 14 points from five races. the buck stops with Otmar.” Rossi said Ocon and Gasly …

Formula 1: Alpine team launches new car in French flag colours ahead of season-opening Bahrain GP
3 years, 9 months ago

Formula 1: Alpine team launches new car in French flag colours ahead of season-opening Bahrain GP

Firstpost  

The Renault Formula One team changed its name to Alpine at the end of last season and said the new colors are “synonymous to Alpine’s heritage and pedigree in motorsports." Paris: The rebranded Alpine team presented its new Formula One car on Tuesday, revealing a new livery of blue, white and red matching the colors of the French flag instead …

Renault aims to turn $80,000 sports-car line into a mini Ferrari
4 years, 2 months ago

Renault aims to turn $80,000 sports-car line into a mini Ferrari

Live Mint  

Renault SA’s Italian-born chief executive has an impossible-sounding ambition: to build a sports-car brand barely brought back to life into a Ferrari fighter. Alpine, the 65-year-old French marque that Renault revived only a few years ago after two decades of dormancy, is a long way from striking fear into the hearts of Luca de Meo’s peers. De Meo, 53, reckoned …

Motorsport: Renault Sport to rebrand as Alpine F1 Team in 2021
4 years, 3 months ago

Motorsport: Renault Sport to rebrand as Alpine F1 Team in 2021

India Today  

Renault are here to stay in Formula 1, but they will race on under a new name and in new colours from 2021 after the French manufacturer announced they will re-brand to become the Alpine F1 Team. After announcing the return of two-time world champion Fernando Alonso for 2021 in July, Renault committed to F1 until at least 2025 last …

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