![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/wrexham-owners-170m-f1-venture-in-chaos-due-to-inept-and-incompetent-bosses/&media=https://uknews.evprotec.com/wp-content/uploads/2023/08/crop-23265954.jpg&description=CAR WREXAGE Published : 15:39, 31 Jul 2023 Updated : 15:39, 31 Jul 2023 RYAN REYNOLDS and Rob McElhenney have got their work cut out with their latest sports venture - the Alpine F1 team. The Hollywood duo have shelled out to take Wrexham back into the Football League - but it will take more than dollars to sort out the mess at Alpine. 3 Ryan Reynolds and Rob McElhenney bought a 24 per cent stake in Alpine Credit: Getty 3 Bruno Famin has taken interim charge of the F1 team Credit: Splash Reynolds and McElhenney are part of a consortium that has joined with Otro Capital and RedBird Capital Partners to take a 24 per cent share in the F1 team, which used to be known as Renault, for £170million . But the Oxfordshire-based team, which is still owned by the Renault group, is in shambles after axing team principal Otmar Szafnauer and sporting director Alan Permane - halfway through the Belgian GP. Alpine replaced CEO Laurent Rossi earlier this month and experienced engineer Pat Fry has quit to join rivals Williams. That makes a total of FOUR key departures in around a week. Szafnauer has been in charge for 18 months having previously been at Aston Martin, while Permane has served at the Enstone team for 34 years. Frenchman Bruno Famin will take the role of interim team principal but he was less than impressive in the press conference at Spa. The problem is Alpine has an identity crisis. It is an English-based French team, with the car designed and built in Enstone and the engines manufactured just outside Paris. Alpine, Renault's performance car brand, is barely recognised outside of their own HQ - it is a failing project. Former F1 champion Alain Prost ripped into Rossi, calling him "an inept manager who thinks he can overcome his incompetence with his arrogance and his lack of humanity towards his people". Prost added: "I love this team, and I am saddened and distressed to see it in its current state. "It deserves better and has everything it needs to succeed. I simply b){kind=link}
RYAN REYNOLDS and Rob McElhenney have got their work cut out with their latest sports venture – the Alpine F1 team.
The Hollywood duo have shelled out to take Wrexham back into the Football League – but it will take more than dollars to sort out the mess at Alpine.
Reynolds and McElhenney are part of a consortium that has joined with Otro Capital and RedBird Capital Partners to take a 24 per cent share in the F1 team, which used to be known as Renault, for £170million.
But the Oxfordshire-based team, which is still owned by the Renault group, is in shambles after axing team principal Otmar Szafnauer and sporting director Alan Permane – halfway through the Belgian GP.
Alpine replaced CEO Laurent Rossi earlier this month and experienced engineer Pat Fry has quit to join rivals Williams. That makes a total of FOUR key departures in around a week.