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Anthony Joshua becomes $1.4 billion worth F1 team’s minority owner, joins the likes of Taylor Swift’s boyfriend

Published 10/18/2023, 10:27 AM EDT

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Former world champion Anthony Joshua has recently taken a bold step into the world of motorsports by becoming a minority owner of the Formula One team Alpine Racing. This consists of a group of prominent sports figures, acting as co-investors. They came together to acquire a substantial stake in the Alpine Formula One team. The Otro Capital group established this collaboration within their syndicate.

This move aligns him with other renowned athletes like Travis Kelce, Rory McIlroy, Trent Alexander-Arnold, and Juan Mata. As they venture into the realm of Formula One ownership. Joshua’s decision underscores the growing trend among athletes diversifying their investments.

Anthony Joshua and His Number One Investment

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Anthony Joshua’s partnership with Alpine Racing is regarded as a significant milestone. Moreover, this bridged the gap between the worlds of boxing and Formula One. Not only that, it is always good for athletes to expand their investments, as sports success isn’t always permanent. This news also highlights the broader trend of celebrities, including Taylor Swift’s boyfriend, tight end for the Kansas City Chiefs, Travis Kelce entering the Formula One ownership arena.

Expressing his enthusiasm to The Guardian, Joshua, a two-time former heavyweight champion, stated, “The chance to strategically invest in Alpine was an opportunity I couldn’t ignore”, Joshua remarked. “I am excited to start this journey with a great group of fellow investors and hope to help the team achieve its full potential.

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The athletes involved in this collaboration are expected to make substantial contributions to the team. Undoubtedly, not only by attending races but also by leveraging their expertise from other sports to shape Alpine’s commercial strategies.

Superstars Get Behind Alpine Racing

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The group of prominent sports figures, including Anthony Joshua, English soccer players Trent Alexander-Arnold, Juan Mata, Tennis champion Alexander Zverev, and Golfer Rory McIlroy. They have come together as co-investors in a substantial €200 million stake in the Alpine Formula One team. Moreover, the collaboration formed within the syndicate established by the Otro Capital group includes well-known actors such as Ryan Reynolds, Rob McElhenney, and Michael B. Jordan.

 The syndicate successfully acquired a 24% share of the team earlier in June. More recently, NFL players Patrick Mahomes and Travis Kelce from the Kansas City Chiefs have also joined Alpine as investors. Thus becoming part of the Otro consortium.

Furthermore, it is worth noting that Alexander-Arnold, Joshua, Mata, and Zverev are participating in this venture through the Apex investment group. Although the exact amount of their investment in Alpine remains undisclosed.

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As fans eagerly await the upcoming Formula One season, Joshua’s involvement has sparked anticipation. This move promises an exciting season for Formula One enthusiasts. With the potential for groundbreaking developments both on and off the track.

Watch This Story: Anthony Joshua’s Luxurious Lifestyle: Cars, Expensive Holidays, and Mansion

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Written by:

Simona Pereira

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Simona Isha Pereira is a Boxing writer at EssentiallySports. With a background in content creation, Simona thrives on the raw energy and riveting pre-game drama as much as the bouts themselves. One of Simona's defining moments in boxing occurred during the "Terence vs.
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Edited by:

Arijit Saha