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Alpine F1 Team Attracts Sporting Stars Rory McIlroy and Anthony Joshua

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investments in Alpine Formula 1 team

In a move that’s set to turbocharge Alpine’s presence in the world of Formula 1, some heavyweight sporting legends have joined forces with the Alpine F1 Team. Golfer Rory McIlroy, famed for his prowess on the greens, and the formidable boxer Anthony Joshua, known for his knockout punches, have aligned themselves with Otro Capital, a group that has recently invested in the Alpine Formula 1 team.

But that’s not all. This all-star roster also includes Trent Alexander-Arnold, a football sensation hailing from Liverpool and representing England, and the NFL superstar Patrick Mahomes. Otro Capital, along with RedBird Capital, had initially taken the plunge and invested in Alpine back in June. Adding a dash of Hollywood glamour to the mix are the talented actors Ryan Reynolds and Rob McElhenney.

Now, you might be wondering why this matters and what’s in it for Alpine. Well, the answer is straightforward. These investments have significantly increased the value of the Renault-owned team, now estimated to be worth a whopping £706 million. And the hope is that these famous faces will do more than boost the team’s finances. Their star power is expected to shine a light on Alpine and expand its global fan base.

Rory McIlroy, who currently sits at the number two spot in the world golf rankings, shared his excitement about this thrilling venture, saying, “Passion for excellence on the golf course has led me to admire the same pursuit in Formula 1. Partnering with Otro Capital in Alpine F1 is an exhilarating venture that unites my love for sports, competition, and the relentless drive to be the best.”

Meanwhile, Anthony Joshua, a two-time unified world heavyweight boxing champion, sees this as a strategic move. He states, “The chance to strategically invest with Otro Capital in Alpine was an opportunity I couldn’t ignore. The heritage of the team, mixed with the global growth of Formula 1 as a sport and brand made this a very serious proposition.”

Alpine has had its ups and downs in recent years, finishing fourth in the world championship last year but struggling in 2023. Currently, they stand at the sixth position among the ten teams in the constructors’ standings with five races remaining in the season. Their quest for redemption begins this weekend at the US Grand Prix in Austin, Texas.

This investment follows a series of changes within the Alpine team, including the removal of chief executive officer Laurent Rossi, team principal Otmar Szafnauer, and sporting director Alan Permane. These changes were prompted by the team’s disappointing performance this season, which included the loss of two-time world champion Fernando Alonso and their rising star, Oscar Piastri.

Fernando Alonso, now with Aston Martin, is showing his mettle and currently ranks fourth in the drivers’ championship. On the other hand, Oscar Piastri has been a standout rookie since joining McLaren, with podium finishes in the past two races. Alpine’s own drivers, Pierre Gasly and Esteban Ocon, have also had their moments of glory, each securing one podium finish this season.

So, as the Alpine F1 Team gears up for its upcoming races, it has a new set of star-studded investors, and the world is eager to see how these changes will impact the future of the team.

Frequently Asked Questions (FAQs) about investments in Alpine Formula 1 team

What is the significance of Rory McIlroy and Anthony Joshua investing in the Alpine Formula 1 team?

Rory McIlroy and Anthony Joshua’s investment in the Alpine Formula 1 team is significant because it not only brings financial support but also adds star power to the team. Their involvement is expected to raise awareness of the team and attract a more diverse and global fan base.

How much is the Alpine Formula 1 team valued after these investments?

After the investments from Otro Capital, RedBird Capital, and others, the Alpine Formula 1 team is now valued at approximately £706 million.

What motivated Rory McIlroy and Anthony Joshua to invest in Formula 1?

Rory McIlroy expressed his admiration for the pursuit of excellence in Formula 1, aligning it with his own passion for sports and competition. Anthony Joshua saw this investment as a strategic opportunity, considering the team’s heritage and the growing global appeal of Formula 1.

How has Alpine performed in recent Formula 1 seasons?

Alpine had a fourth-place finish in the world championship in the previous season but has faced challenges in 2023, currently ranking sixth out of ten teams in the constructors’ standings with several races remaining in the season.

Were there any recent changes within the Alpine team?

Yes, there were significant changes within the Alpine team. Chief executive officer Laurent Rossi, team principal Otmar Szafnauer, and sporting director Alan Permane were removed from their positions due to the team’s disappointing performance. This came after the loss of key drivers, including Fernando Alonso and Oscar Piastri, to rival teams.

What are the current standings of Fernando Alonso and Oscar Piastri, the former Alpine drivers?

Fernando Alonso, now with Aston Martin, is currently ranked fourth in the drivers’ championship. Oscar Piastri, who joined McLaren, has been performing impressively with podium finishes in recent races.

How have Alpine’s current drivers, Pierre Gasly and Esteban Ocon, performed in the 2023 season?

Alpine’s current drivers, Pierre Gasly and Esteban Ocon, have each secured one podium finish in the 2023 season, contributing to the team’s performance.

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