Christian Horner in talks to acquire stake in Alpine Formula 1 team
Flavio Briatore has confirmed that Christian Horner is actively negotiating to acquire a 24 per cent stake in the Alpine Formula 1 team, potentially paving the way for the former Red Bull chief’s return to the paddock, reports BritPanorama.
During Alpine’s 2026 livery unveiling in Barcelona, Briatore noted that Horner is one of several parties interested in the shares currently held by Otro Capital. “A few groups – I don’t know how many, six, seven; every day is a new group – every day people call me about Otro. I don’t care,” Briatore told The Race.
Otro Capital, which purchased its stake from Renault in 2023 for approximately €200 million, has notable backers including golfer Rory McIlroy and NFL stars Patrick Mahomes and Travis Kelce. However, any potential buyer must navigate a multi-stage approval process before securing the shares.
Briatore clarified the steps involved: “First you need to buy [the] Otro [share], and after Renault need to accept the buyer, and after we see what’s happening.” Renault retains significant control over new ownership, having secured both a right of refusal and the ability to match any competing bid when it sold the minority stake.
This veto power means that Horner’s ambitions depend on approval from Alpine’s majority shareholder, independent of an agreement with Otro Capital. Horner, who left Red Bull in July 2024 after two decades of leadership, is reportedly seeking equity ownership rather than a conventional management position. This reflects a trend seen with rivals, such as Mercedes’ Toto Wolff, who maintains a significant shareholding.
Briatore emphasised that he is not directly involved in the negotiations. “I’ve known Christian for many years, I talk with Christian anyway, but this has nothing to do with me,” he said. He also indicated that Horner could be a valuable asset to Alpine, stating, “I think everybody’s a good asset to the team, depending in what position you put the people. No problem.”
The ongoing developments reflect the dynamic nature of Formula 1, where the balance of power can shift rapidly. As teams vie for competitive advantage, the potential for Horner’s involvement in Alpine not only signals his return to the sport but also underscores the strategic importance of ownership structures in racing.