Patrick Mahomes has “seized” the opportunity to invest in Formula 1’s Alpine
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Patrick Mahomes “jumped at the chance” to invest in a Formula 1 team when he was asked to join a group of prominent supporters behind the Alpine team.
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The Kansas City Chiefs quarterback, along with Chiefs tight end Travis Kelce, golfer Rory McIlroy and former heavyweight boxer Anthony Joshua, were among a group of top sports names announced Tuesday as joining the Otro Capital investment.
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“I think everyone can see the appeal,” Mahomes said Wednesday. “I’ve been able to do a few races now because I’ve seen the surroundings Drive to survive on Netflix and how competitive it is,” Mahomes said. “We were able to participate in some of these races and get a little involved in the game.”
The F1 season continues this week at the United States Grand Prix in Austin. Max Verstappen and Red Bull have already won the drivers’ and teams’ championships this season.
This week’s announcement about celebrity investors is just the latest from Otro Capital.
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In June, the group announced a $218 million investment from a group that includes Hollywood stars Ryan Reynolds and Rob McElhenney. These two took over the Welsh football team Wrexham in November 2020 in a deal worth $2.5 million. The club came into the global spotlight due to its high-profile ownership and later secured promotion to the fourth tier of English football.
The statement from the sports figure investors did not say how much money the athletes invested.
“They came to us with the opportunity. I jumped on it. I’m excited to have (Kelce) with me. It will be cool to see some of the events, maybe some of the other races besides Miami,” Mahomes said.
Asked if he thinks it could give him the chance to drive an F1 car at some point, Mahomes said: “I don’t know if that’s in my contract. I know (Chief General Manager Brett) Veach is a big F1 guy. Maybe he’ll let me drive around the track sometime, but these cars cost a lot of money. I don’t know if they’ll let me do it.”
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Alpine is currently sixth in the teams’ standings, and French drivers Pierre Gasly and Esteban Ocon are 11th and 12th in the drivers’ standings with five races remaining.
“The passion for excellence on the golf course has led me to admire the same pursuit in Formula 1,” said McElroy. “Partnering with Otro Capital in Alpine F1 is an exciting venture that combines my love of the sport, competition and relentless drive to be the best.”
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