Why Soccer Star Juan Mata And Others Have Invested In Formula 1 Team Alpine

Formula 1 team Alpine is sixth on this year’s constructors’ leaderboard, way behind already-crowned winner Red Bull and its rivals nearer the top. All the while, it’s not content on being just another competitor over the coming championships.

Its latest turn has come off the track. Alpine—owned by the Renault Group—has welcomed sportspeople to a consortium comprising Otro Capital, Red Bird Capital Partners, and Maximum Efforts Investment, which acquired nearly a quarter of the racing brand—into which it has invested €200 million ($211 million)—back in June.