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

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…