Golf world reacts to Rory McIlroy's latest eye-watering investment
Rory McIlroy, Trent Alexander-Arnold and Anthony Joshua are reportedly making a huge investment into Formula 1 side Alpine Racing.
Four-time major champion Rory McIlroy is among a group of sports stars making an eye-watering investment into Formula 1.
Alpine have confirmed McIlroy, 34, along with Liverpool player Trent Alexander-Arnold and heavyweight boxer Anthony Joshua are part of a consortium that will pump millions into the outfit.
McIlroy 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."
Otro Capital previously announced their partnership with Alpine earlier in the summer. Hollywood stars Ryan Reynolds and Rob McElhenney, also co-owners of Wrexham, were named as backers of the American group.
Reports stated the investors took a 24 per cent equity stake in Alpine Racing.
McIlroy, Alexander-Arnold and Joshua are not the only high-profile athletes who are involved in this latest round of strategic investments.
They've also brought in NFL duo Patrick Mahomes and Travis Kelce. Former Chelsea and Manchester United winger Juan Mata is also reportedly involved.
"Their investment adds a dynamic touch to the racing world," one X user wrote. "Excited to see what the future holds."
Another ominously added: "Might as well have set fire to their money, they won't see it again."
McIlroy is now involved in a huge number of business ventures.
The Sunday Times Rich List reported in May the golfer had an estimated net worth of £200m.
His career earnings, as of the time of writing, have reached just north of £115m.
Investments have played a vital role in boosting his net worth. He is a partner to Tiger Woods in TMRW Sports, which is launching their tech-fused golf league, TGL, next January.
McIlroy also invested in Symphony Ventures, a capital firm, in 2019. The golfer has also put money into fitness tech company, Whoop, which was worth $1bn in 2020.
The golfer is endorsed by TaylorMade, Nike, NBC Sports/Golf Pass, Omega and Optum.
Read more:
Ben joined the GolfMagic team in September 2021, initially as a content executive.
These days, he assumes the position of content manager.
