Ryan Reynolds, Rob McElhenney And Michael B. Jordan Buy Stake In A Formula 1 Team
June 27, 2023 9:35AM EDT
Source: YouTube
The Alpine Formula 1 racing team is hoping for some of that Ryan Reynolds and Rob McElhenney magic. The duo has a proven track record of buying the Wrexham AFC club and elevating it from a fifth-tier team to fourth-tier. Michael B. Jordan joined Reynolds and McElhenney’s Maximum Effort group, along with other investors, pumping in $218 million for a 24% stake in team.
Alpine said its F1 team “will benefit” from the groups skill set including “media, sponsorship, ticketing, hospitality, commercial rights management, licensing and merchandising strategies”.
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