Wolff and Horner ready for £600m Alpine showdown as F1 power battle explodes
Two of Formula 1’s most powerful team leaders could soon become rivals in a new arena away from the circuit. Toto Wolff and Christian Horner are both linked to a potential investment in Alpine, the Renault owned Formula 1 team, as discussions emerge around the sale of a significant minority stake.
According to Planet F1, Alpine stakeholders are evaluating offers connected to the pair as interest grows in a 24 percent share of the team currently owned by investment group Otro Capital.
Horner’s long term Alpine ambitions
Reports indicate that Christian Horner has been exploring the possibility of investing in Alpine for several months. According to Planet F1, the Red Bull team principal has been assembling financial backing through a consortium to support a possible purchase.
The stake in question is the 24 percent share owned by Otro Capital. Sources cited by Planet F1 suggest Horner sees the move as a potential first step toward a larger ownership position in the future.
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If the deal progresses, Horner could later attempt to negotiate additional equity with Renault Group, which owns Alpine and oversees the team’s long term strategy in Formula 1.
Wolff enters the race for Alpine stake
Toto Wolff’s involvement has added a surprise element to the process. According to Planet F1, the Mercedes team principal is also connected to a potential bid for the same shareholding.
His participation has drawn particular attention across the Formula 1 paddock, as Wolff already leads Mercedes while maintaining strong commercial ties with Alpine.
The presence of two of the sport’s most influential figures has turned the potential sale into a closely watched development within the industry.
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£2.5bn valuation highlights scale of potential deal
According to Planet F1, the bids being considered would value Alpine at roughly £2.5 billion. Based on that valuation, Otro Capital’s 24 percent stake could be worth around £600 million.
If the investment group sells at that level, it would represent a significant return. Otro Capital paid approximately €200 million for its share roughly three years ago as part of a broader investor group that included figures such as Ryan Reynolds and Rory McIlroy.
The potential deal therefore reflects both Alpine’s commercial value and the growing financial appeal of Formula 1 teams.
Mercedes partnership could shape decision
Another factor highlighted by Planet F1 is Alpine’s existing technical partnership with Mercedes. The teams already have an agreement covering the supply of gearboxes and power units until 2030.
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That relationship could provide Mercedes and Toto Wolff with a strategic advantage during discussions over the stake.
While Alpine representatives declined to comment publicly on the situation, Mercedes acknowledged it is following developments closely.
“Mercedes is a key strategic partner of Alpine, and we are being kept apprised of the latest developments,” a Mercedes spokesperson told Planet F1.
Rivalry between Wolff and Horner takes new turn
The potential investment battle could also revive one of Formula 1’s most famous rivalries away from race weekends. Toto Wolff and Christian Horner have frequently clashed during intense championship fights in recent seasons.
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If both pursue the Alpine opportunity further, the competition between the Mercedes and Red Bull chiefs may extend beyond the track and into the business side of the sport.
For now, Alpine’s ownership structure remains unchanged. However, according to Planet F1, growing interest from senior figures in the paddock suggests the team could soon become the center of one of Formula 1’s most intriguing investment battles.
Sources: Planet F1
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