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Briatore Confirms Mercedes Interest in 24% Alpine Stake

Otro Capital is selling the 24% minority holding, subject to Renault approval before September.

Overview

  • Speaking at the Chinese GP, Flavio Briatore said negotiations are with Mercedes as an organisation, not Toto Wolff personally.
  • The stake is Otro Capital’s 24% share bought for $233 million in 2023, with Alpine now widely reported to be valued near $3 billion.
  • Briatore said three or four bidders are in contention, including a consortium linked to former Red Bull boss Christian Horner.
  • Any pre‑September sale requires Renault’s sign‑off, with CEO Francois Provost involved in talks, leaving the final choice with the majority owner.
  • Mercedes says it is being kept apprised and is evaluating the opportunity, while Briatore notes a 24% holding would offer limited influence and Alpine shifts to Mercedes power units in 2026.