Mahomes, Kelce, McIlroy in €200m Alpine F1 investment

Patrick Mahomes, Travis Kelce and Rory McIlroy are part of a group that has invested 200 million euros ($210.970 million) in the Alpine Formula One team.

In June this year, Renault Group confirmed it had sold a 24% stake in the Alpine Grand Prix team to a consortium of investors made up of Orto Capital, RedBird Capital Partners and Maximum Efforts Investments, which included the owners from Wrexham FC, Ryan Reynolds and Rob. McElhenny.

On Tuesday, on the eve of the United States Grand Prix in Austin, Orto Capital announced a new injection of investors among a new group of big stars.

That group includes Kansas City Chiefs stars Mahomes and Kelce, four-time major golf champion McIlroy, Liverpool’s Trent Alexander-Arnold, World Cup winner Juan Mata and former world heavyweight boxing champion Anthony Joshua. Roger Ehrenberg, founder of Eberg Capital and investor in the Miami Marlins and Real Salt Lake, is also included.

“I’ve always had a passion for all sports,” Mahomes said of the investment. “The opportunity to lead an investor group with Travis at Alpine F1 alongside Otro Capital was one I couldn’t pass up. It’s an exciting time for the sport and it’s an opportunity to bring our shared values ​​on the global stage. I look forward to being part of its growth.

McIlroy said: “The passion for excellence on the golf course has led me to admire the same quest in Formula 1. Partnering with Otro Capital in Alpine F1 is an exhilarating adventure that unites my love for the sport, competition and my incessant desire to be the best. best.”

Since returning to Formula 1 in 2017, Renault has struggled to compete for wins and championships. The team was renamed Alpine in 2021 and Esteban Ocon took a victory at that year’s Hungarian Grand Prix, but they have not replicated that result since.

Orto Capital said in a statement that it hopes the new wave of investments can strengthen Alpine’s chances of being a long-term competitor.