business f1 magazine august 2023 vol 8 issue 8 formula one Briatore Reveals Why F1 Teams Are Now Worth $10 Billion

Briatore Reveals Why F1 Teams Are Now Worth $10 Billion

Highlights F1 teams’ valuations could reach $10 billion soon, says Briatore. Otro Capital’s 24% Alpine stake is currently up for sale. Renault valued Alpine around $3.5 billion, about half its worth. Renault holds veto rights on Otro stake sale until…