Patrick Mahomes and Travis Kelce now own minority stakes in a Formula 1 team.
Alpine and Otro Capital announced Tuesday that the two Kansas City Chiefs stars, golfer Rory McIlroy an ex-boxer Anthony Joshua were among the group of people who had joined as partners in Otro’s 24% stake in the team. The group purchased nearly a quarter of the team earlier in 2023 with an investor list that included actor Ryan Reynolds.
“It’s about being able to contribute to a sport that demands precision, teamwork, and relentless pursuit of success. I am looking forward to this new chapter and can’t wait to see what we achieve together.” This isn't Mahomes' first foray into sports ownership. He has a minority stake in the Kansas City Royals' ownership group and he and his wife Brittany“I’ve always had a passion for all sports. The opportunity to lead an investor group with Travis in Alpine F1 alongside Otro Capital was one I couldn’t pass up," Mahomes said in a statement.
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