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

The post Why Juan Mata And Others Have Invested In Formula 1 Team Alpine appeared on BitcoinEthereumNews.com. Mata won a World Cup and European Championships for his country. Getty Images 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. These figures are NFL duo Patrick Mahomes and Travis Kelce, heavyweight boxer Anthony Joshua, golfer Rory McIlroy, and soccer players Trent Alexander-Arnold and Juan Mata. Together, with previously enlisted actors Ryan Reynolds, Rob McElhenney, and Michael B Jordan, they become part of a 24% stake in the company. So, what has driven someone like World Cup winner Mata—and those accompanying him—to join the team? Like many strong partnerships, there are reasons on both sides. Mata Thinks Outside The Box At face value, Mata’s rationale (Spanish) for tagging along contained the standard, PR-orientated jargon. “Formula 1 is growing and constantly innovating, each time coming into contact with more people. And I think it’s a good opportunity being able to enter an ecosystem that creates such emotion with a historic team like Alpine,” the former Chelsea and Manchester United midfielder wrote, as per El País, before adding to those sentiments on LinkedIn. Pierre Gasly (left) and Esteban Ocon (right) race for the Alpine team. NurPhoto via Getty Images On closer examination, the decision also reflects the Burgos native’s diverse interests. Even at 31, he would insist his priority is soccer, but his tastes range from poetry to performance art. In the second instance,…

Oct 20, 2023 - 14:00
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Why Juan Mata And Others Have Invested In Formula 1 Team Alpine

The post Why Juan Mata And Others Have Invested In Formula 1 Team Alpine appeared on BitcoinEthereumNews.com.

Mata won a World Cup and European Championships for his country. Getty Images 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. These figures are NFL duo Patrick Mahomes and Travis Kelce, heavyweight boxer Anthony Joshua, golfer Rory McIlroy, and soccer players Trent Alexander-Arnold and Juan Mata. Together, with previously enlisted actors Ryan Reynolds, Rob McElhenney, and Michael B Jordan, they become part of a 24% stake in the company. So, what has driven someone like World Cup winner Mata—and those accompanying him—to join the team? Like many strong partnerships, there are reasons on both sides. Mata Thinks Outside The Box At face value, Mata’s rationale (Spanish) for tagging along contained the standard, PR-orientated jargon. “Formula 1 is growing and constantly innovating, each time coming into contact with more people. And I think it’s a good opportunity being able to enter an ecosystem that creates such emotion with a historic team like Alpine,” the former Chelsea and Manchester United midfielder wrote, as per El País, before adding to those sentiments on LinkedIn. Pierre Gasly (left) and Esteban Ocon (right) race for the Alpine team. NurPhoto via Getty Images On closer examination, the decision also reflects the Burgos native’s diverse interests. Even at 31, he would insist his priority is soccer, but his tastes range from poetry to performance art. In the second instance,…

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