Hollywood Star Ryan Reynolds Among New Investors Backing F1 Team Alpine in $218 Million Deal

Ryan Reynolds smiles prior to the Vanarama National League match between Wrexham and Notts County at The Racecourse in Wrexham, Wales, on April 10, 2023. Jan Kruger/Getty Images

BOULOGNE-BILLANCOURT, France—After soccer, Hollywood stars Ryan Reynolds and Rob McElhenney are setting their sights on Formula One.

F1 team Alpine has secured a 200 million euro ($218 million) investment from a group of investors that includes the actors.