Horner in talks for Alpine minority stake return

Christian Horner is reportedly in negotiations to acquire a minority stake in Alpine, signaling a potential comeback to Formula 1 after his sudden departure from Red Bull. The move involves purchasing shares from the current investor group, Otro Capital, rather than taking a direct management role initially, marking a shift in strategy for the experienced team principal.

Why it matters:

Bringing back a figure with Horner's pedigree could significantly boost Alpine's competitiveness and commercial appeal. After a year away from the paddock following his Red Bull exit, his re-entry into the sport via a team looking to climb the order adds a fascinating dynamic to the grid. His potential involvement suggests a serious push by Alpine to leverage high-profile expertise for future success.

The details:

• The Stake: The potential deal targets the 24% shareholding currently owned by Otro Capital, a private investment firm backed by celebrities including Ryan Reynolds, Michael B. Jordan, and Patrick Mahomes.
• Negotiation Status: Alpine team principal Flavio Briatore confirmed talks are taking place between Horner and Otro. However, Briatore clarified that Horner is not negotiating directly with Alpine or Renault at this stage.
• Ownership Goal: Horner has made it clear he prefers buying into a team rather than returning solely as a manager. Reports suggest he may join forces with former F1 supremo Bernie Ecclestone for this venture.
• The Process: Briatore noted that while he speaks with Horner as a friend, any transaction requires Otro to sell and Renault to accept the new buyer before Alpine's management discusses any operational role.
• Market Interest: Briatore mentioned significant market noise, stating there are "six or seven" interested groups and "every day there is a new group," highlighting the high demand for F1 assets.

What's next:

While Briatore admitted there is "confusion" with multiple interested groups, a successful acquisition by Horner would mark a significant shift for the French team. The focus now shifts to whether Otro is willing to divest and if Renault will greenlight the high-profile returnee to join their ranks.