Ryan Reynolds and Rob McElhenney Invest in F1 – What it Means for Betting Markets

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Ryan Reynolds and Rob McElhenney Invest in F1 – What it Means for Betting Markets

Author: American Gambler Staff | Publish Date: June 26, 2023 | Last Updated: September 15, 2023

Ryan Reynolds and Rob McElhenney have joined an investor group taking a 24% equity stake in Alpine Racing, a Formula 1 team. The deal was announced on June 26, 2023.

Reynolds and McElhenney are no strangers to the world of sports. In 2020, they co-bought Wrexham AFC, a Welsh professional football club. They have since documented their club ownership in the FX docuseries Welcome to Wrexham.

Celebrity and acclaimed actor Michael B Jordan is also a part of the investment group.

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What is Alpine Racing?

Alpine Racing is a French Formula 1 team that was founded in 2016 and owned by the Renault Group

The deal is a significant boon for Alpine Racing and brings added excitement to the team and the entire sport of Formula 1.

Reynolds and McElhenney have already proven the type of enthusiasm they can inject. Their investment in Alpine Racing is sure to give a major boost in terms of visibility and marketing.

How Does the Deal Impact F1 Betting Markets?

It remains to be seen what level Reynolds and McElhenney take on in Alpine Racing but their involvement could impact betting markets in the future.

Their investment in Alpine is likely to generate a lot of interest in the team and its drivers. This increased focus could make them a favorite option for casual F1 bettors, driving up their odds in future races.

Ryan reynolds and rob mcelhenney invest in f1 - what it means for betting markets
Alpine driver esteban ocon (fra) races during the canadian grand prix – david kirouac-usa today sports

Reynolds and McElhenney are both known for their sense of humor, but when it comes to sports, they have also shown a willingness to take risks.

If we see the duo take a more active role in the team, we could see some unconventional decisions that could benefit Alpine on the track such as new drivers or overarching team strategies.

Here are some specific ways in which the investment could impact F1 betting markets:

  • Increased interest in Alpine races could lead to higher odds of the team winning
  • Unconventional decisions by Reynolds and McElhenney could make Alpine more unpredictable and, therefore, more difficult to bet against
  • The investment could attract new bettors to the sport, which could increase liquidity in the betting markets.

No matter the overall impact, it will be worth keeping an eye on Alpine in the coming seasons.

American Gambler Staff