CNN —Wrexham’s Hollywood owners Ryan Reynolds and Rob McElhenney are part of a new investment group that is taking a 24% equity stake in Formula One outfit Alpine, the team’s parent company, Renault, announced on Monday. The investment group also includes Otro Capital and RedBird Capital Partners. Reynolds and McElhenney are the co-owners of Welsh soccer side, Wrexham. McElhenney and Reynolds celebrate with players of Wrexham's women's team during a bus parade celebration following its title-winning season. Jan Kruger/Getty ImagesThe statement says Reynolds and McElhenney’s Maximum Effort Investments will provide “successful sports and media experience and operational expertise in building high-growth companies.”

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Persons: CNN —, Ryan Reynolds, Rob McElhenney, Reynolds, McElhenney, Michael B, Jordan, Laurent Rossi, ”, Rossi, “, Alpine’s, RedBird, Wrexham's, Jan Kruger Organizations: CNN, Formula, Renault, Otro, RedBird Capital Partners, Fenway Sports, Premier League team Liverpool, Major League Baseball, Boston Red Sox, Dallas Cowboys, NFL, Toulouse, AC Milan, Welsh soccer, Football League Locations: British, French, Italian, Welsh, Wrexham