Skip to main contentSkip to footer

Ryan Reynolds's whopping new multi-million investment revealed – details

The Deadpool star is making serious money on the racetrack

Ryan Reynolds attends the world premiere of 'Pokemon Detective Pikachu' on April 25, 2019 in Tokyo, Japan
Ahad Sanwari
Ahad Sanwari - New York
Senior WriterNew York
26 June 2023
Share this:

Ryan Reynolds' foray into the sports world continues with his latest investment through his firm Maximum Effort Investment, and this time, he's off to the races.

Alongside partners and fellow actors Rob McElhenney and Michael B. Jordan, he will join private equity firm RedBird Capital Partners and Otro Capital in purchasing a 24 percent stake in a French Formula 1 race team.

VIDEO: Ryan Reynolds announces newest venture that hits close to home

The group is paying a whopping $218 million for stake in the F1 team Alpine, owned by the Renault Group, with their valuation now rising to an estimated $900 million.

The Alpine team debuted at the 2021 Formula One World Championship and has since slowly risen up the ranks, ending the 2022 season in fourth place. They are led by racers Pierre Gasly and Esteban Ocon.

MORE: Ryan Reynolds and Blake Lively shock fans as they join cast of Great British Bake Off in surprise photo

Alpine CEO Laurent Rossi released a statement on Monday saying: "This association is an important step to enhance our performance at all levels.

Alpine F1 team's drivers Oscar Piastri, Esteban Ocon and Fernando Alonso pose with Technical director Matt Harman, team's principal Otmar Szafnauer, Alpine's CEO Laurent Rossi, Renault's CEO Luca de Meo and chassis technical director Pat Fry during the un© Getty Images
Maximum Effort Investment is purchasing stake in the Alpine F1 race team (pictured)

"Otro Capital, RedBird Capital Partners, and Maximum Effort Investments, as international players with strong track record in the sports industry, will bring their recognized expertise to boost our media and marketing strategy, essential to support our sporting performance over the long term."

It's another high-profile foray into the competitive world for the 46-year-old Canadian actor, who is co-owner of the Welsh football club Wrexham A.F.C. with Rob.

MORE: Ryan Reynolds makes long-awaited revelation about fourth child with Blake Lively alongside huge venture update

Their journey with the club was documented in the FX series Welcome to Wrexham, which chronicles their journey to a league promotion, which they did ultimately achieve as champions of the 2022-23 National League.

Rob McElhenney and Ryan Reynolds, Owners of Wrexham celebrate with the Vanarama National League trophy as Wrexham win the Vanarama National League and are promoted to the English Football League after victory in the Vanarama National League match between © Getty Images
Wrexham A.F.C. co-owner and partner Rob McElhenney is part of the deal as well

Back in May, Ryan was also involved in a bidding war over the purchase of the Ottawa Senators franchise with none other than Snoop Dogg through the Remington Group, of which he is a member.

MORE: Blake Lively's picture of family life with Ryan Reynolds and their children is goals

However, his bid ultimately did not move forward for the Canadian team which is now expected to go to Toronto billionaire Michael Andlauer for a 90% stake, reportedly for a sum of $950 million.

Ryan and Rob celebrate Wrexham's promotion with the National League cup© Getty Images
The pair documented their journey in the sports world through "Welcome to Wrexham"

These only add to his insane net worth of around $350 million, according to, thanks to his prolific work on screen as the star of blockbusters like the Deadpool franchise, The Proposal, and The Croods franchise.

MORE: Ryan Reynolds shares rare family photo as he marks Father's Day as dad-of-four with Blake Lively

As a businessman, his value hiked considerably after Mint Mobile, which he owned a reported 25 per cent of, was sold to telecom giant T-Mobile for $1.35 billion in March. 

blake lively ryan reynolds children attend wrexham afc match 2023© Getty Images
Blake and Ryan's fourth child even made its first appearance at a Wrexham game

The deal likely pocketed him around $300 million and followed on from the successful sale of his ownership stake of Aviation Gin in 2020, which he reportedly sold to Diageo for about $600 million.

Sign up to HELLO Daily! for the best royal, celebrity and lifestyle coverage

By entering your details, you are agreeing to HELLO! Magazine User Data Protection Policy. You can unsubscribe at any time. For more information, please click here.

More Celebrity News

See more