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Chiefs stars Patrick Mahomes and Travis Kelce invest in a Formula One racing team

Chiefs quarterback Patrick Mahomes has made annual trips to Miami to watch the Formula One Grand Prix race there, and now he’ll have a personal interest in that competition.

According to a news release, Mahomes and teammate Travis Kelce along with a group of other professional athletes, joined Otro Capital’s investment group in the Alpine Racing F1 team. Otro Capital announced it had invested $211 million in Alpine.

The other star athletes include Rory McIlroy, boxer Anthony Joshua and soccer players Trent Alexander-Arnold and Juan Mata.

“I’ve always had a passion for all sports,” Mahomes said in the news release. “The opportunity to lead an investor group with Travis in Alpine F1 alongside Otro Capital was one I couldn’t pass up.

“It’s an exciting time for the sport and this is an opportunity to bring our shared values to the world stage. I’m looking forward to being a part of its growth.”

Mahomes already is part of the ownership groups of the Royals, Sporting Kansas City and the Current.

Mahomes shared this message on X (formerly Twitter) from Alpine.

During an interview with The Star in August, Mahomes said he got into Formula One during the COVID-19 pandemic because it was one of the first sports to return.

Chiefs general manager Brett Veach had introduced Mahomes to “Formula One: Drive To Survive” television show.

“Seeing it in person was surreal because you don’t realize how fast those guys are going,” Mahomes said. “I just enjoy the sport, seeing the best competing against the best.”

At this year’s Miami Grand Prix race, Mahomes swapped jerseys with the top two finishers: Max Verstappen and Sergio Perez of Red Bull Racing.

Kelce on ‘new chapter’

Kelce said in the news release that he was excited to be part of a “new chapter.”

“I am thrilled to lead an investor group and join forces with Patrick and the team at Otro Capital on this exciting venture with Alpine F1. Our shared passion for excellence and innovation forms the cornerstone of this partnership,” Kelce said.

“It’s about being able to contribute to a sport that demands precision, teamwork, and relentless pursuit of success. I am looking forward to this new chapter and can’t wait to see what we achieve together.”

An ESPN story said the Renault Group had sold a 24% stake in the Alpine Racing team to three investor groups; Orto Capital, RedBird Capital Partners and Maximum Efforts Investments.

Actors Ryan Reynolds and Rob McElhenney are the lead investors in Maximum Efforts, according to FrontStretch.com, and fellow actor Michael B. Jordan also put money into the F1 team.

The Star’s Blair Kerkhoff contributed to this story