Rory McIlroy announces investment in F1 team

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Rory McIlroy has joined Formula One team Alpine Racing.

Rory McIlroy has joined a host of additional sports stars in using his money to invest in Formula One team Alpine Racing.

McIlroy joins heavyweight boxer Anthony Joshua, footballers Trent Alexander-Arnold, and Juan Mata as well as NFL stars Patrick Mahomes and Travis Kelce in investing in the same team. The announcement comes after Wrexham co-owners Ryan Reynolds and Rob McElhenney decided to venture into the sport taking a 24% stake in Alpine Racing.On the news, McIlroy said: “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.”Joshua said: “The heritage of the team, mixed with the global growth of Formula 1 as a sport and brand made this a very serious proposition. “I am excited to start this journey with Otro and a great group of fellow investors and hope to help the team achieve its full potential.”“Our shared goal as an investment group is to help contribute to its continued success on the grid, at a time when F1 is facing incredible growth as a sport,” Alexander-Arnold said.

 

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