We carry out one-dimensional hybrid simulations of Alfv¿n waves propagating along the magnetic field in the presence of a mean radial spherically expanding plasma outflow, representing fast solar wind streams. The equations for particle ions of multiple species and fluid electrons are solved using the Expanding Box Model, a locally Cartesian representation of motion in spherical coordinates, in a frame moving with the local average wind speed. The model gives a minimally consistent description of the effects associated with such motion on particle dynamics, e.g., the flux-conserving decrease of magnetic field intensity and consequent decrease of cyclotron frequency with increasing distance from the Sun. The cyclotron frequency decreases faster than Alfv¿n wave frequency, allowing fluctuations below the cyclotron frequency at smaller distance from the Sun to come into cyclotron resonance at greater distances. The hybrid treatment yields a fully self-consistent description of the consequent cyclotron wave-particle interaction in a multi-ion plasma. We present results for cases of monochromatic circularly polarized Alfv¿n waves propagating radially outward and for initially well developed Alfv¿nic spectra with and without alpha particles. When both alpha particles and protons are present, the alpha particles, which come into resonance first as the wind expands, are observed to be preferentially heated and accelerated. For high beta (equal to ratio of ion pressure to magnetic field pressure) the amount of alpha particles acceleration and heating is limited by the available wave power. For low beta cases the amount of heating and acceleration is limited, not by the wave power, but by the depletion of the distribution function in the resonance region by pitch-angle scattering. The implication of these results for solar wind models is discussed. ¿ 2001 American Geophysical Union