Join Nostr
2026-03-13 08:19:11 UTC

the-race on Nostr: What's really going on with Mercedes' Alpine buy-in talks It’s been known for a ...

What's really going on with Mercedes' Alpine buy-in talks



It’s been known for a while that a stake in the Alpine Formula 1 team is up for grabs, with minority shareholder Otro Capital looking to offload its interest.Having purchased a 24% buy-in, back in 2023, Otro and its influential celebrity backers, including actors Ryan Reynolds and Michael B. Jordan, believe the time is right to cash out with F1 team valuations upwards of $1 billion.Several parties...

Read more: https://www.the-race.com/formula-1/whats-really-going-on-with-mercedes-alpine-buy-in-talks/