US EditionAlpine F1 team boss says Mercedes is interested in buying a stake in his team
Mercedes aims to buy Otro Capital's 24% stake in Alpine, joining multiple bidders amid rising F1 team valuations estimated near $3 billion.
- Mercedes is among potential buyers for a 24% stake in the Alpine F1 team, according to executive adviser Flavio Briatore.
- Briatore dismissed reports that Mercedes team principal Toto Wolff was in talks to buy the stake on his own behalf.
- Alpine is majority-owned by Renault, which sold the 24% stake to a group led by private equity firm Otro Capital, which included sports stars like Patrick Mahomes and Travis Kelce.
28 Articles
28 Articles
Associated Press News
Alpine F1 team boss says Mercedes is interested in buying a stake in his team
Mercedes is among “three or four potential buyers” for a 24% stake in rival Formula 1 team Alpine, the French team’s executive adviser Flavio Briatore says.
Alpine boss confirms four bidders, including Mercedes, for F1 team
Alpine team principal Flavio Briatore has confirmed that there are “three or four” serious buyers, including Mercedes, for a stake in the Formula 1 team. The team, which is owned by Renault Group, could see a significant minority stake controlled by Otro Capital offloaded. Christian Horner, former team principal of Red Bull Racing, has reportedly worked with former McLaren investors MSP Sport Capital on a bid for the 24 per cent stake up for gra…
At Formula 1 racing stable Alpine there could soon be far-reaching changes in the ownership structure, as shareholder Otro Capital thinks about a sale. Not only former Red Bull team leader Christian Horner is interested in his investor group, Mercedes is also after the shares.
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