Christian Horner, the former Red Bull team principal, is among a group of investors interested in purchasing a stake in Alpine, according to the French F1 team. The potential buyout would be part of a broader trend of increased investment and valuations in Formula 1 teams.
Horner, who was sacked by Red Bull last summer after a tumultuous two-year tenure marked by allegations of sexual harassment and coercive behavior, is seeking a full control role as a senior to that of team principal with significant ownership. Alpine's majority shareholder Renault Group would have to relinquish its controlling stake for Horner to achieve this.
Alpine confirmed on Monday that multiple parties had expressed interest in the team, and while they did not identify any specific buyers by name, they acknowledged it was "no secret" that minority shareholder Otro Capital had held preliminary talks about selling a portion of its 24% stake. The sale would be subject to regulatory approval.
The Alpine F1 team has been relatively stable since Horner's departure from Red Bull, with Frenchman Laurent Mekies replacing him as the team principal last year. However, the team's valuation – estimated at $2.45 billion by Forbes in 2024 – indicates that potential buyers are willing to invest heavily in F1.
Other teams in the sport have seen significant valuations recently, with Ferrari valued at $6.5 billion and Mercedes at $6 billion last year.
Horner, who was sacked by Red Bull last summer after a tumultuous two-year tenure marked by allegations of sexual harassment and coercive behavior, is seeking a full control role as a senior to that of team principal with significant ownership. Alpine's majority shareholder Renault Group would have to relinquish its controlling stake for Horner to achieve this.
Alpine confirmed on Monday that multiple parties had expressed interest in the team, and while they did not identify any specific buyers by name, they acknowledged it was "no secret" that minority shareholder Otro Capital had held preliminary talks about selling a portion of its 24% stake. The sale would be subject to regulatory approval.
The Alpine F1 team has been relatively stable since Horner's departure from Red Bull, with Frenchman Laurent Mekies replacing him as the team principal last year. However, the team's valuation – estimated at $2.45 billion by Forbes in 2024 – indicates that potential buyers are willing to invest heavily in F1.
Other teams in the sport have seen significant valuations recently, with Ferrari valued at $6.5 billion and Mercedes at $6 billion last year.