Breaking News: Patrick Mahomes Patrick Mahomes and Travis Kelce land major financial win with $1.5 Billion boost after $218M Alpine F1 investment

Travis Kelce and Patrick Mahomes aren’t just dominating on the field, they’re making waves in the business world too. Their investment in Alpine Racing has taken a jaw-dropping turn, with the team’s value skyrocketing in just a year

How did these NFL stars turn a bold move into massive financial success? Let’s dive into their surprising venture and the staggering returns that have everyone talking.

Kelce and Mahomes’ winning investment
Patrick Mahomes and Travis Kelce recall their hilarious bromance origin story
“I am looking forward to this new chapter and can’t wait to see what we achieve together, ” Travis Kelce had shared last October when he and Patrick Mahomes joined Otro Capital to invest in a 24% stake in Alpine Racing. Fast forward to 2024, and the Chiefs duo is already celebrating the massive success of their venture.

According to Sportico, Alpine Racing’s valuation skyrocketed from $311 million in 2023 to a staggering $1.5 billion in 2024. This 382% jump has made the ownership group ecstatic, including Mahomes and Kelce, whose stake value has seen a significant boost.

Their 24% stake, acquired for $218 million in 2023, is now worth $360 million in 2024, a 65% growth in just one year. Beyond this, Alpine Racing turned a $23 million profit while other F1 teams like Aston Martin and Williams reported losses of $27 million and $100 million, respectively.