US EditionBriatore Says Alpine F1 Talks Are with Mercedes, Not Wolff
Mercedes is discussing acquiring a 24% stake in Alpine, with other bidders including former Red Bull boss Christian Horner and investors like RedBird Capital Partners.
- On Friday, Flavio Briatore confirmed Mercedes were negotiating to take a stake in Alpine, adding talks are with Mercedes the carmaker and not Toto Wolff, with whom he had no contact.
- Otro Capital is selling a 24 per cent stake held by investors including RedBird Capital Partners, Maximum Effort Investments, Ryan Reynolds, Rob McElhenney, Patrick Mahomes, and Rory McIlroy, prompting three or four potential buyers to emerge.
- Horner, who was sacked last May, has discussed the 24 per cent stake and is seeking a way back after his reported 80 million pounds payoff, while he and Wolff have been high-profile paddock adversaries in the Netflix 'Drive to Survive' series.
- Some paddock figures say sport has clear governance and a 75 per cent/25 per cent decision dynamic that limits conflict concerns, Audi team boss Jonathan Wheatley said.
- A Mercedes stake could change Alpine's governance as it uses Mercedes engines and votes on key issues, while high-profile investors and Christian Horner amplify the sale's significance.
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Briatore says Alpine F1 talks are with Mercedes, not Wolff
SHANGHAI, March 13 : Alpine's de facto boss Flavio Briatore confirmed on Friday that Mercedes were discussing taking a stake in the Renault-owned Formula One team.The Italian emphasised, however, that talks were with the championship-leading German carmaker and not Mercedes' Austrian Formula One team principa
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Mercedes linked with Alpine stake as Flavio Briatore clarifies Toto Wolff’s role
Flavio Briatore says talks over the possible sale of a minority stake in Alpine are taking place with Mercedes as a company rather than with Toto Wolff personally. The 24 per cent share currently belongs to American investment group Otro Capital, which bought into the team three years ago in a deal valued at €200 million. The consortium – whose investors include actor Ryan Reynolds and golfer Rory McIlroy – is now looking to sell its holding. Mu…
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