Hollywood star Ryan Reynolds among new investors backing F1 team Alpine | The Associated Press

After soccer, Hollywood stars Ryan Reynolds and Rob McElhenney are setting their sights on Formula One. Know more:

Alpine driver Pierre Gasly of France comes onto the track during the Formula One Canadian Grand Prix auto race over the weekend in Montreal.BOULOGNE-BILLANCOURT, France — After soccer, Hollywood stars Ryan Reynolds and Rob McElhenney are setting their sights on Formula One.

French automotive company Renault Group — Alpine’s parent company — said Monday that the group has acquired a 24% stake in the team. It includes Otro Capital, RedBird Capital Partners and Maximum Effort Investments, which is led by Reynolds. With drivers Pierre Gasly and Esteban Ocon, Alpine stands fifth in the constructors’ championship. The team was fourth in the constructors’ standings last year and has been struggling in its goal to close the gap on Red Bull, Ferrari and Mercedes this season.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessMirror /  🏆 19. in PH

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hollywood star Ryan Reynolds among new investors backing F1 team Alpine in $218 million dealBOULOGNE-BILLANCOURT, France: After football, Hollywood stars Ryan Reynolds and Rob McElhenney are setting their sights on Formula One.
Read more »

Hollywood producer Arnon Milchan testifies at Netanyahu corruption trial over ‘supply line’ of giftsArnon Milchan was testifying at Israeli PM Benjamin Netanyahu’s trial to answer questions about an alleged “supply line” of champagne and cigars funneled to the Israeli leader and his wife.
Read more »

Hollywood directors ratify labor pact as writers keep picketingFilm and television directors voted overwhelmingly to ratify a new three-year labor contract with major Hollywood studios, averting a second work stoppage that would have added to upheaval caused by an ongoing writers’ strike. | Reuters
Read more »

[Only IN Hollywood] 'Here Lies Love's' Jose Llana and Clint Ramos on links to Martial Law and Marcoses'My mom and dad were very much a part of the First Quarter Storm,' shares actor Jose Llana, who plays Ferdinand Marcos in 'Here Lies Love.'
Read more »

That 24K magic: Celebrities who attended Bruno Mars’ PH concertThese Filipino celebrities are certified Bruno Mars fans! | via philstarlife
Read more »

KBA Stars stun UAAP champion La SalleThe Katayama Baseball Academy scraped past powerhouse De La Salle, 4-3, in the opening game of the 1 United Philippines Baseball Tournament at the Rizal Memorial Baseball Stadium over the weekend.
Read more »