Alpine F1 Team Stake Acquisition
In a significant development within the Formula 1 landscape, Toto Wolff, the team principal of Mercedes, is leading a bid to acquire a stake in the Alpine F1 Team. This move comes alongside interest from Christian Horner, who has expressed a desire to invest in the team after over 20 years as the team principal of Red Bull Racing. The potential acquisition is set to unfold on March 10, 2026, as both figures navigate the complexities of F1 team ownership.
Otro Capital currently holds a 24% stake in the Alpine F1 Team, which is estimated to be valued at around US$588 million. This stake was originally purchased for €200 million, highlighting the financial growth and interest surrounding the team. The involvement of prominent figures like Wolff and Horner indicates a competitive bidding process that could reshape the ownership structure of the team.
Alpine F1 Team has been supplied with engines and gearboxes from Mercedes since the cessation of its Renault engine program, establishing a strategic partnership that has bolstered Alpine’s performance on the track. Wolff’s recent sale of 15% of his stake in Mercedes for approximately US$300 million has positioned him to explore new investment opportunities, including the potential acquisition of a stake in Alpine.
Renault Group, which retains a 76% controlling stake in the Alpine F1 Team, has confirmed that they are regularly approached by multiple parties interested in investment. An Alpine spokesperson stated, “The team is regularly approached and contacted by multiple parties and potential investors,” underscoring the growing interest in the team’s financial future.
Mercedes has also acknowledged its role as a key strategic partner of Alpine, with a spokesperson noting, “Mercedes is a key strategic partner of Alpine and we are being kept apprised of the latest developments.” This relationship could influence the dynamics of any potential sale, as both teams navigate their collaborative efforts in the competitive F1 environment.
Horner’s interest in Alpine is particularly noteworthy, as he has expressed a longing for the sport after his long tenure with Red Bull. Observers note that there are no regulations under the International Automobile Federation (FIA) that forbid a single entity from owning stakes in multiple teams, which could facilitate a smoother transition should either Wolff or Horner proceed with their bids.
As the bidding process unfolds, the exact outcome remains unclear, and the future performance and valuation of the Alpine F1 Team are uncertain. Details remain unconfirmed, but the developments signal a pivotal moment for the team and its stakeholders.
