Episode Details
Back to EpisodesMercedes Eyeing Alpine Stake, Value Soars
Description
Ryan Reynolds, Rob McElhenney, and Rory McIlroys investment group, Otro Capital, is selling a 24% stake in the Alpine Formula One team for $233 million, bought in 2023. Mercedes is rumored to be involved, potentially stabilizing ties amid Renaults new CEOs uncertain stance on racing. Formula Ones value surges, with shares like this rarely available due to expected price increases.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/24a40a733992dc46