After Selling 24% Stake at $218,000,000 to Ryan Reynolds & Co., Alpine Faces Takeover Threat from American Giants

Things are getting bad to worse for the Alpine F1 team. The French team was already in the middle of restructuring as they let many members of their staff go. Alpine’s form worsened as they fell down to 6th in the standings and McLaren and Aston Martin improved from last year. This scenario forced a lot of changes in the Alpine hierarchy. Now, the mother company Renault might want to dissolve the team completely. This shocking turn of events sees an American motorsport giant prowling to acquire the French team. This will add another set of American owners to the team after Ryan Reynolds and Rob McElhenney.

Reynolds and Co. purchased a 24% stake in the French team just this year. The American actor’s consortium invested $218 million in the French team to acquire their stake. Formula 1, thanks to the sport’s popularity, has become a budding ground for investment. This has attracted yet another American group to infuse cash into this money-churning cow.

In the last few years, one of the names on top of the list of entities looking to become a part of the circus is Andretti Autosport. For this possible Alpine takeover, as reported on Twitter, the interested American party is none other than Andretti.

The American racing giants have seen their consistent and multiple efforts fail time and again for a plethora of reasons. But where there’s a will, there’s a way and the Andretti’s might have just found their way through Alpine’s possible sale. With the sale of Alpine, Renault would like to focus again on being just an engine supplier to the sport.

Read More: Following Wrexham Owner Ryan Reynolds’ $218 Million Alpine F1 Investment, Wife Blake Lively Teases ‘Something Wicked’

Alpine might soon be another team that becomes a memory in this ever-changing world of Formula 1. However, the team will always be remembered as the team which saw Hollywood actor Ryan Reynolds acquire a 24% stake with a $0 investment.

The incredible story of Ryan Reynolds becoming a part of the $218 million deal with a $0 investment

The Deadpool hero is not only an incredibly talented actor but also has decent business acumen. After his success with Wrexham, the Canadian-American wanted to explore the world of sport and no sport has ROI as Formula 1 right now. So Reynolds set out to invest, and he did so without putting any money out of his pocket.

According to Yahoo Finance, “While Reynolds may not necessarily have used his own funds for this deal, he has amassed significant wealth through his investments in startups and diverse business ventures. He is renowned for his willingness to take calculated risks on companies he believes in, a strategy that has yielded impressive financial gains.”

WATCH THIS STORY: Ryan Reynolds & Rob McElhenney Invested $0 to Acquire 24% Stake in Alpine F1 as Wrexham Masterplan Continues to Pay Dividends

As some would call it, the “best deal in the history of deals.” However, it could very well have been the beginning of Alpine’s end. Perhaps for the best? Well, that only time will tell.