Ryan Reynolds, Rob McElhenney and Michael B. Jordan are part of investment group taking stake in Formula 1 team Alpine Racing [Video]

Mere months after their early success as owners of Welsh soccer club Wrexham, actors Ryan Reynolds and Rob McElhenney are joining an investment group taking a significant stake into Formula 1 team Alpine Racing, its parent company Renault announced Monday. 

Otro Capital, RedBird Capital Partner and Maximum Effort Investments – which includes Reynolds, McElhenney and Michael B. Jordan – are getting a 24% equity stake, a deal worth approximately $218 million, Renault said in a press release. The investment will “accelerate Alpine’s growth plans and sporting ambitions in F1,” according to the company. 

Renault touted the investor group’s “collective expertise and track record in the sports industry” and its previous relationships with the Dallas Cowboys, the Fenway Group and …