Horner Eyes Alpine Stake as Otro Capital Looks to Sell

Christian Horner is reportedly targeting a 24% stake in the Alpine F1 team held by investment group Otro Capital. Flavio Briatore, Alpine's executive advisor, confirmed that the former Red Bull team principal is among the interested parties as Otro looks to sell its share, potentially paving the way for Horner's return to Formula 1 management.

Why it matters:

Horner has been linked to several teams since his departure from Red Bull, but his insistence on acquiring equity has been a major sticking point in previous discussions with other outfits. Securing a significant share in Alpine would satisfy this condition and bring a proven winner to a team that has struggled for consistency. For Renault, bringing in a figure of Horner's stature could signal a renewed commitment to competing at the front of the grid.

The details:

• The Stake: Otro Capital, backed by celebrities like Ryan Reynolds and Michael B. Jordan, acquired a 24% stake in Alpine for €200m in 2023. This specific share is now on the market.
• Horner's Condition: Unlike preliminary talks with Aston Martin and Haas, Alpine's situation allows for a share purchase, which aligns with Horner's desire to be a shareholder rather than just an employee.
• The Process: Briatore clarified that while he speaks with Horner, the negotiation is currently between Horner and Otro. Any deal would ultimately require approval from Renault, which retains the remaining 75% of the team.
• Current Status: Otro Capital is actively seeking to sell its participation, with Briatore noting that "a few groups" are interested in the 24% slice.

What's next:

While Steve Nielsen holds the official title of managing director, Briatore remains the influential figure at Enstone. If Horner successfully purchases the stake and gains Renault's approval, it could trigger a significant restructuring of the team's leadership ahead of the 2026 regulations.