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 June 26.
The €200 million ($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.
