Rory McIlroy and Trent Alexander-Arnold among new co-investors in the Alpine F1 team

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Rory McIlroy and Trent Alexander-Arnold among new co-investors in the Alpine F1 team
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Anthony Joshua, Juan Mata and Alexander Zverev among other sports stars to take €190m stake

Rory McIlroy has joined a team of co-investors from the world of sport in taking a €190m stake in the Formula One team Alpine. Photograph: Richard Heathcote/Getty ImagesA group of high-profile sporting stars including Rory McIlroy, Trent Alexander-Arnold, Anthony Joshua, Juan Mata and Alexander Zverev have joined as co-investors in a $200 million stake in the Alpine Formula One team.

“I am delighted to lead an investor group investing in Alpine F1,” he said. “The opportunity is very exciting, F1 is growing massively worldwide and I look forward to contributing to that growth. The sport brings together teamwork, pinpoint accuracy and innovation in a pressure-filled environment, these are aspects of my game we have in common.

The Apex group chief executive, António Cacorino, believes the growing appeal of F1 was making it a very sound financial asset. The athletes involved are expected to play a part with the team, not only in attending races but also to drive commercial strategies at Alpine using their experience from other sporting arenas.

They remain committed to returning to fighting for championships having, under the Renault brand, previously enjoyed success winning two drivers’ and constructors’ titles in 2005 and 2006 with Fernando Alonso. However, they have struggled to keep up with F1 Ferrari, Mercedes and Red Bull in recent times.

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