Category F1

Mercedes Halts Alpine Share Race Over Crucial Difference

surprising f1 partnership mercedes eyes alpine stake Mercedes Halts Alpine Share Race Over Crucial Difference

Highlights Mercedes ends pursuit of 24% Alpine Formula 1 stake Otro Capital’s £536 million valuation deemed too high Renault holds sale veto power until September 2024 Alpine secured Gucci partnership starting from 2027 Mercedes plans to reduce customer teams from…

Mercedes Officially Exits Alpine F1 Team Ownership Race

alpine f1 to switch from renault to mercedes engines and gearboxes Mercedes Officially Exits Alpine F1 Team Ownership Race

Highlights Mercedes withdrew from bidding 24% Alpine team stake. Otro Capital seeks $720 million for 24% Alpine share. Alpine’s total valuation now estimated around $3 billion. Christian Horner interested in buying Alpine stake or forming team. Renault holds veto rights…