Team Ownership
Briatore confirms Mercedes interest in buying Alpine stake
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Flavio Briatore has confirmed that the Mercedes Formula 1 team is negotiating to acquire a 24% stake in Alpine from Otro Capital. The announcement came during a press conference at the Chinese Grand Prix. Briatore emphasized that the deal involves Mercedes as a team, not team principal Toto Wolff personally.
Alpine F1 team has confirmed that former Red Bull principal Christian Horner is part of a group interested in purchasing a stake in the French outfit. The disclosure follows preliminary talks by minority shareholder Otro Capital to sell its 24% holding. Horner, sacked from Red Bull last summer, seeks a significant role in any potential return to the sport.
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Flavio Briatore has revealed that Christian Horner is among those interested in purchasing Otro Capital's 24% stake in the Alpine Formula 1 team. The former Red Bull team principal, sacked last July, seeks ownership rather than just a management role. Discussions are ongoing, but require Renault's approval as the majority owner.