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Ex-Red Bull Leader Could Return to Formula 1 as Alpine Co-Owner | Chattanooga Times Free Press
Christian Horner is negotiating to buy a 24% stake from Otro Capital amid rising F1 team valuations and Alpine's recent poor performance, with Renault's approval required.
- On Sunday, the Alpine Formula 1 team confirmed Christian Horner is among interested parties seeking a minority stake, with discussions held with shareholders Otro Capital and Renault Group.
- With Otro seeking to sell, Alpine said rising Formula 1 valuations have prompted multiple interested investors, including Horner, to explore buying stakes in the team.
- Horner, who left Red Bull Racing in July, ended a 20-year stint as team principal overseeing eight drivers' world championships and six constructors' titles.
- Given Alpine's 76% Renault ownership, any purchase would require buying Otro's 24% stake first and Renault's approval, especially after finishing bottom last year.
- Alpine is focused on the track, having switched to Mercedes engines this year with pre-season testing opening in Barcelona on Monday, while Flavio Briatore said negotiations involving Horner 'have nothing to do with me.
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Horner eyes Otro’s stake in Alpine, Briatore says
Former Red Bull boss Christian Horner could take a stake in the Alpine Formula One team, but Renault would have to approve any deal with minority shareholders, Alpine’s executive advisor Flavio Briatore said on Friday.
·Johannesburg, South Africa
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Coverage Details
Total News Sources18
Leaning Left2Leaning Right1Center5Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 25%
C 63%
12%
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