Hollywood star Ryan Reynolds has joined a group of international investors that's buying a 24% stake in the UK-based Formula 1 racing team Alpine.
The deal has seen the consortium - which includes Reynolds and fellow actor Rob McElhenny, along with AC Milan owner RedBird Capital Partners, Otro Capital, and Maximum Effort Investments - pump about $218 million into the Renault-owned racing team,"Formula 1 and Alpine are strategic assets for Renault Group.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: