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TMZ Sports · Jun 26, 2023

Invest In Alpine Formula One Team

The paddock just got a bit more crowded -- Ryan Reynolds, Michael B. Jordan and Rob McElhenney are hopping on Formula One's massive rise in popularity and investing in the Alpine Racing team!!

Renault, Alpine's parent company, announced the news on Monday ... saying Otro Capital, RedBird Capital Partners and Maximum Effort Investments (which includes the trio of actors) are taking a 24% equity stake in the organization ... which is worth $218 million.

Otro Capital's Alec Scheiner will get a seat on Alpine's board of directors as part of the deal.

Full story at TMZ Sports

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