Alpine F1 Confirms Horner Interest in Minority Stake

The Alpine Formula 1 team confirmed on Sunday that Christian Horner, the former Red Bull team principal, is part of a group of investors expressing interest in purchasing a minority stake in the organization. The disclosure comes amid preliminary talks by shareholder Otro Capital to sell its 24 percent holding in the team, which is based in Enstone, England.

Alpine's ownership is split between the Renault Group, which holds 76 percent, and Otro Capital, which acquired its stake for 171 million euros in 2023. In a statement, the team noted that such discussions are not unusual given Formula 1's rapid growth and rising team valuations. "It is no secret that Otro Capital has held preliminary talks to sell its stake in the team, as has previously been reported in October last year," the statement said. "With the continued rapid growth of Formula 1, the valuation of the teams has been increasing and, not surprisingly, has led to multiple interested parties looking to enter the sport."

The team emphasized that any approaches are directed at the existing shareholders, Renault Group and Otro Capital, rather than team management, including executive advisor Flavio Briatore. Alpine's...