FIA Confirms Investigation into Multi-Team Ownership in F1

The FIA has confirmed it is investigating the controversy surrounding multi-team ownership in Formula 1, with president Mohammed Ben Sulayem expressing personal opposition to the practice. The probe comes as Mercedes shows interest in a 24% stake in Alpine, reigniting debates about fairness and independence.

Why it matters:

Multi-team ownership has long been a contentious issue, with critics arguing it compromises sporting integrity. The FIA's investigation could lead to new regulations that prevent teams from holding stakes in or owning multiple squads, potentially reshaping the competitive landscape. Red Bull's ownership of both Red Bull Racing and Racing Bulls has faced scrutiny over personnel movements, particularly after Laurent Mekies replaced Christian Horner as team principal at Racing Bulls last season.

The details:

• Ben Sulayem told select media, including RacingNews365: "I do believe that owning two is not the right way. ... We are looking into it because it's a complicated area."
• McLaren CEO Zak Brown has been vocal: "Co-ownership runs a real high risk of compromising sporting fairness."
• The Alpine stake, held by investors including Ryan Reynolds and Patrick Mahomes, is now valued at €800 million, up from €200 million in 2023. Mercedes and ex-Red Bull principal Christian Horner are known to be interested.
• The FIA has tasked people to examine whether multi-team ownership is allowed and if it's the right thing for the sport.

What's next:

Ben Sulayem's personal stance suggests the FIA may move to restrict or ban multi-team ownership. The outcome of the investigation could have major implications for Red Bull's dual-team structure and any potential Mercedes-Alpine deal. With the sport's governance under scrutiny, the coming months may see significant changes to ownership rules.