Mercedes exploring stake in rival F1 team Alpine, advisor says

Mercedes is among the parties interested in acquiring a minority stake in the Alpine Formula 1 team, according to a confirmation from Flavio Briatore, an executive advisor to the Renault Group-owned t

Mercedes is among the parties interested in acquiring a minority stake in the Alpine Formula 1 team, according to a confirmation from Flavio Briatore, an executive advisor to the Renault Group-owned team The potential acquisition targets a 24 per cent shareholding in the Enstone-based outfit This stake is currently held by Otro Capital, a US-based investment firm whose backers include prominent sports figures such as golfer Rory McIlroy, boxer Anthony Joshua, and footballer Trent Alexander-Arnold The Renault Group remains the majority owner, holding a 76 per cent stake in the team The confirmation from Briatore indicates interest from the German automotive manufacturer in investing in a rival constructor, though further details about the potential negotiations have not been disclosed

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