Alpine’s new pact of celebrity owners are now valued at double the combined net worth of Lewis Hamilton and Max Verstappen after a raft of world-famous athletes joined forces to invest in the F1 team.
The new figures are part of the Otro Capital investment group, which currently owns a 24 per cent stake in the Alpine F1 team. While the new names on board the project won’t add any extra budget to the on-track operation, they add prestige and diversification.
While Hamilton (worth £235m) and Verstappen (worth £74m) – F1’s two biggest stars – currently boast an estimated combined net worth of £309 million, the Otro Capital fund already had backers that could rival that financial might in Hollywood duo Rob McElhenney and Ryan Reynolds.
The pair, who currently own League Two football club Wrexham, joined the Alpine project earlier in 2023, and have now been joined by seven more partners, including six world-renowned athletes and iconic US-based investor, Roger Ehrenberg.
Click here to join our WhatsApp community to be the first to receive breaking and exclusive F1 news.
Among the new Otro Capital investors are football stars Juan Mata £49m) and Trent Alexander Arnold (£3m), as well as legendary golfer Rory McIlroy (£170m). Boxing sensation Anthony Joshua has also joined the team as he diversifies his investment portfolio. Kansas City Chiefs duo Patrick Mahomes (£58m) and Travis Kelce (£25m) round off the new additions.
Those six athletes have an estimated combined net worth of £371m which when added to that of Reynolds (£288m) and McElhenney (£50m), means that the French team have the financial might to battle with some of F1’s biggest teams. Their celebrity investors have a joint net worth £709m, which is over double the combined amount of Hamilton and Verstappen’s net worth (£309m).
Kelce explained his role in the project, stating: “I am thrilled to lead an investor group and join forces with Patrick and the team at Otro Capital on this exciting venture with Alpine F1. Our shared passion for excellence and innovation forms the cornerstone of this partnership.
“It’s about being able to contribute to a sport that demands precision, teamwork, and relentless pursuit of success. I am looking forward to this new chapter and can’t wait to see what we achieve together.”
These sentiments were echoed by Mahomes with the two-time NFL MVP adding: “I’ve always had a passion for all sports. The opportunity to lead an investor group with Travis in Alpine F1 alongside Otro Capital was one I couldn’t pass up.
“It’s an exciting time for the sport and this is an opportunity to bring our shared values to the world stage. I’m looking forward to being a part of its growth.”