Home/F1

via Imago

A captivating tale is brewing in the sports world. One recent investment is bridging the worlds of F1, Wrexham AFC, and Hollywood. The success of two Hollywood celebrities as soccer club owners has earned them a place in a new F1 investment that saw a consortium taking over 24% stakes in Alpine Racing.

Yes, we are talking about the masterminds behind the world’s third-oldest soccer club, Ryan Reynolds and Rob McElhenney. In an astonishing turn of events, the reports are claiming Wrexham owners and Michael B. Jordan won’t be paying a single penny from their pockets. But why?

Is Welcome To Wrexham the reason?

ADVERTISEMENT

Article continues below this ad

Reynolds and McElhenney embarked on an exhilarating journey that will take them from pitch to pit lane. Maximum Efforts Investment, owned by the Deadpool star and backed by McElhenney and Michael B. Jordan, is part of the consortium that purchased 24% stakes of Alpine F1 for $218 million. Now reports are emerging that Hollywood actors will have to pay $0 for their 2-3% stakes in the team. The Daily Mail is reporting it, citing paddock sources.

But why they won’t pay a single penny? One of the crucial reasons is the fame of the Hollywood trio. But that isn’t it. Another reason takes us to August 2022, when the docuseries Welcome To Wrexham was released. The Hollywood duo launched a story of Wrexham AFC, fans, the community, and their takeover. And the results were unbelievable. 

Their storytelling prowess earned recognition for the Welsh club. All of a sudden, it was on a world map. Social media following saw an exponential surge. Moreover, the docuseries landed significant revenues. They announced a second season, which will be released soon. And that was enough for Otro Capital and RedBird Capital to associate with Wrexham owners. 

As reported by Daily Mail, the consortium and Alpine F1 expects to encash on the storytelling ability of the Wrexham duo. The reports also suggest a documentary for Alpine F1 in the future.

Alpine F1’s ambition coincides with the Red Dragons

After the takeover, Wrexham owners have set their sights on the Premier League in ten years. They have taken the first step. The Red Dragons won the Vanarama National League and got promoted to EFL League Two. Wrexham last played in a Football League 15 years back. The same goes for Alpine.

ADVERTISEMENT

Article continues below this ad

The team last challenged and won the driver’s and constructor’s championship in 2006, when it was Renault. They rebranded to Alpine a few years back. Now as a part of the aim to challenge the titles in 100 races, the Alpine team brought in new investment. They want to make use of it to get themselves ready for the challenge, and they have got in experts behind the rise of Wrexham.

ADVERTISEMENT

Article continues below this ad

WATCH THIS STORY: Wrexham Owners Net Worth Comparison

We could see a strategic maneuver that could be the talk of the sporting world for years to come. What do you make of the stunning news involving the Hollywood celebrities? Let us know in the comments section below.

Written by

Nikhil Nibe

900Articles

One take at a time

Nikhil is a soccer writer at EssentiallySports, having written over 450 articles that showcase his expertise and love for the beautiful game. With a passion for soccer that spans over two decades, Nikhil is well-versed in covering core sports articles. As a die-hard fan of Real Madrid, Nikhil understands the importance of team spirit and the unwavering support of fans in changing the course of a game.
Show More>

Edited by

Amal Joyce