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One of the world's leading Formula 1 drivers is preparing for life after the racetrack. Two-time F1 World Drivers champion Fernando Alonso has bought a stake of more than 20 per cent in a chain of sushi restaurants. The Spanish driver is believed to have secured a stake in Sticks 'n' Sushi alongside McWin Capital Partners, its private equity backer. An industry source familiar with the details said the restaurant group would have five co-investors, with McWin holding a majority stake and Alonso, 43, emerging with 'a meaningful investment'. The business is estimated to turn over about £100million, at a bottom-line profit margin of about 10 per cent. The price paid by McWin for a majority stake in the chain in February last year has never been disclosed, although one insider suggested it was 'less than £100million and more than £50million'. Driving a hard bargain: Fernando Alonso has bought a stake of more than 20 per cent in a chain of sushi restaurants RELATED ARTICLES Previous 1 Next I started making fruit juice in my mum's kitchen... now I... Sainsbury's braces as supermarket price war puts pressure on... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account The details of Alonso's investment also remain under wraps, although the racing driver confirmed that he had invested in some of McWin's food-tech businesses five years ago. In an exclusive interview with The Mail on Sunday, he confirmed: 'Sticks 'n' Sushi is a nice opportunity outside of racing. We've been partners with McWin for more than five years.' DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More InvestEngine InvestEngine Account and trading fee-free ETF investing Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you

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