Motor sports: group of investors including RedBird acquires 24% stake (€200m) in Alpine Racing Ltd

News Tank Football - Paris - News #293061 - Published on
©  BWT Alpine F1 Team
Pierre Galsy (FRA) driving the BWT Alpine F1 Team A523 - ©  BWT Alpine F1 Team

Renault Group and its subsidiary Alpine are welcoming Otro Capital, RedBird Capital Partners and Maximum Effort Investments (led by Canadian-American actor Ryan Reynolds) to acquire a 24% stake in Alpine Racing Ltd, the entity responsible for the activities of the BWT Alpine F1 Team, via a €200m investment, announced the French car manufacturer...

©  BWT Alpine F1 Team
Pierre Galsy (FRA) driving the BWT Alpine F1 Team A523 - ©  BWT Alpine F1 Team

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