Formula One team Alpine Racing have announced more investors from a range of sports including golfer Rory McIlroy, heavyweight boxer Anthony Joshua as well as footballers Trent Alexander-Arnold and Juan Mata.

Kansas City Chiefs players Patrick Mahomes and Travis Kelce are also part of the 200 million euro (£173m) strategic investment led by consortium Otro Capital in the French team, which is backed by the parent company Renault.

The latest move follows on from Wrexham co-owners Ryan Reynolds and Rob McElhenney expanding their sporting portfolio by also investing in Alpine for a 24 per cent stake of the team, which is currently sixth in the 2023 F1 constructors’ championship.

McIlroy, who helped Europe win the Ryder Cup in Rome last month, said: “Passion for excellence on the golf course has led me to admire the same pursuit in Formula 1.

“Partnering with Otro Capital in Alpine F1 is an exhilarating venture that unites my love for sports, competition, and the relentless drive to be the best.”

Former heavyweight world champion Joshua felt the opportunity was one he could not ignore.

“The heritage of the team, mixed with the global growth of Formula 1 as a sport and brand made this a very serious proposition,” Joshua said.

“I am excited to start this journey with Otro and a great group of fellow investors and hope to help the team achieve its full potential.”

Liverpool and England defender Alexander-Arnold joins the investor group alongside his brother Tyler.

“Our shared goal as an investment group is to help contribute to its continued success on the grid, at a time when F1 is facing incredible growth as a sport,” he said.

Alec Scheiner of Otro Capital added: “We are honoured to be joined by this particular group of investors.

“These are best in class investors, athletes, entertainers and entrepreneurs and they are all committed to elevating the Alpine F1 team.”