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Horner part of group interested in Alpine stake

Horner part of group interested in Alpine stake

Summary

Christian Horner, former Red Bull team principal, is part of a group interested in investing in the Alpine F1 team. Alpine confirmed these discussions amid ongoing interest in the team due to increasing Formula 1 team valuations. Alpine's current minority shareholder, Otro Capital, has held talks about potentially selling its stake.

Key Facts

  • Christian Horner, previously with Red Bull, is interested in buying a stake in the Alpine F1 team.
  • Alpine confirmed there are multiple parties interested in investing in their team.
  • In 2023, Otro Capital bought a 24% stake in Alpine for 200 million euros.
  • The value of Formula 1 teams has been increasing, attracting investor interest.
  • Otro Capital is in discussions about possibly selling its stake.
  • Horner has privately expressed a desire for a team role with significant control and shareholding.
  • Since Horner's departure from Red Bull, some team performances and staff changes have taken place.

Source Information