Kansas City Chiefs stars Travis Kelce and Patrick Mahomes have joined a group of star athletes investing in Formula 1's Alpine Racing Ltd team, in partnership with Otro Capital, the organization announced Tuesday.
Updated: Oct. 17, 2023, 3:24 p.m.Kansas City Chiefs stars Travis Kelce and Patrick Mahomes have joined a group of athletes investing in Formula 1's Alpine Racing Ltd team, in partnership with Otro Capital, the organization announced Tuesday. PGA star Rory McIlroy, Olympic gold medalist boxer Anthony Joshua, Mexican soccer star Juan Mata, and English soccer star Trent Alexander-Arnold are also part of the group investing in Alpine F1.
Kelce, Mahomes, and McIlroy are part of a contingent of professional athlete investors in Alpine Racing, joining Olympic gold medalist boxer Anthony Joshua, Mexican soccer star Juan Mata, and English soccer star Trent Alexander-Arnold. Roger Ehrenberg, founder of Eberg Capital and an investor in MLB’s Miami Marlins and MLS’ Real Salt Lake.
The addition of Kelce, Mahomes, McIlroy, Joshua, Mata, and Alexander-Arnold will expand Alpine F1′s reach “to a new world of fans” and “help drive global awareness for Alpine F1,” Otro Capital said in the release. “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. “It’s an exciting time for the sport and this is an opportunity to bring our shared values to the world stage. I’m looking forward to being a part of its growth.”from an investor group including actor Ryan Reynolds in exchange for a 24% stake in the team.
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