Alpine F1 Team Stake Acquisition
Alpine F1 Team Stake Acquisition
In a significant development within the Formula 1 landscape, Toto Wolff, the team principal of Mercedes, is leading a bid to acquire a stake in the Alpine F1 Team. Concurrently, Christian Horner, who has spent over 20 years as the team principal of Red Bull Racing, has also expressed interest in acquiring a stake in the team. This news emerged on March 10, 2026, as the competitive dynamics of F1 continue to evolve.
The immediate circumstances surrounding this potential acquisition are noteworthy. Otro Capital currently holds a 24% stake in the Alpine F1 Team, which is estimated to be worth around US$588 million. This stake was originally purchased for €200 million, or approximately US$233 million, indicating a significant appreciation in value. As Alpine navigates its future, the interest from Wolff and Horner highlights the growing appeal of the team within the sport.
Alpine has been supplied with engines and gearboxes from Mercedes since discontinuing its Renault engine program, which has positioned Mercedes as a key strategic partner. This relationship may play a crucial role in the bidding process, as both Wolff and Horner are closely monitoring developments regarding the Alpine stake. The Renault Group, which retains a 76% controlling stake in the team, has confirmed that they are regularly approached by multiple parties interested in investment.
Wolff’s recent sale of 15% of his stake in Mercedes for around US$300 million has altered his level of control within the team, potentially allowing him to pursue new opportunities such as this acquisition. Meanwhile, Horner’s interest in Alpine is driven by his long-standing passion for the sport, as he misses the competitive environment after his extensive tenure with Red Bull.
According to an Alpine spokesperson, “The team is regularly approached and contacted by multiple parties and potential investors.” This statement underscores the increasing interest in the team as it seeks to enhance its performance and market position within Formula 1.
Mercedes has also acknowledged its role in this dynamic, with a spokesperson stating, “Mercedes is a key strategic partner of Alpine and we are being kept apprised of the latest developments.” This partnership could influence the outcome of the bidding process, as the relationship between the teams may provide strategic advantages.
Importantly, there are no regulations under the International Automobile Federation (FIA) that prohibit a single entity from owning stakes in multiple entries, which could facilitate Wolff and Horner’s potential investments. However, details remain unconfirmed regarding the exact outcome of the bidding process for the Alpine stake, and the future performance and valuation of the Alpine F1 Team remain uncertain.
