Alpine F1

Hollywood actors Ryan Reynolds and Rob McElhenney are joining Otro Capital and RedBird Capital Partners in an investor group taking a 24% equity stake in Alpine Racing, the Formula One team's parent company Renault announced on Monday. The 200 million euro ($218.10 million) deal values British-based Alpine Racing at around $900 million following the investment. Alec Scheiner, the co-founder and partner of Otro Capital, will join Alpine Racing's board of directors. 'Deadpool' star Reynolds leads Maximum Effort Investments with McElhenney, of American comedy

The 41-year-old Spaniard, who has raced for Alpine since 2021, will replace Sebastian Vettel following the German's retirement at the end of the season. Alonso, F1 champion in 2005 and 2006, returned to the sport in 2021 after a two-year hiatus racing elsewhere. "I still have the hunger and ambition to fight to be at the front," Alonso said. "Aston Martin is clearly applying the energy and commitment to win and it is therefore one of the most exciting teams in F1 today.