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Wolff Reportedly Leads Bid for 24% Alpine Stake as Horner Targets the Same Slice

Renault must sign off on any sale, with Alpine underscoring that discussions are confined to its shareholders.

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Toto Wolff (jefe de Mercedes), junto a Christian Horner, cuando todavía era director de Red Bull
Toto Wolff, director de Mercedes, realizó una oferta para comprar parte de Alpine.
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Overview

  • The Telegraph reports Toto Wolff is leading an offer to acquire the 24% of Alpine held by investment group Otro Capital, with no agreement announced.
  • Christian Horner has been linked to the same stake as a route back into Formula 1, a path that could be blocked if Wolff’s bid prevails.
  • Renault Group retains roughly 76% of Alpine, so any change in the shareholder lineup requires its approval, according to multiple reports.
  • Mercedes already supplies Alpine with power units and gearboxes through at least 2030, making a potential equity link sensitive within paddock governance debates highlighted by rivals such as McLaren’s Zak Brown.
  • Media valuations for the 24% vary, with figures cited around £448 million and roughly €520–€555 million, as investors eye Alpine’s turnaround after a difficult 2025 season.