Alpine has revealed former Red Bull boss Christian Horner is among a group interested in investing in the Formula 1 team.<\/p>\n
Horner was sacked as Red Bull team principal following July\u2019s British Grand Prix before his official exit was agreed in September, leaving the 52-year-old free to return to the sport.<\/p>\n
Alpine said it was \u201cno secret\u201d that Otro Capital had held preliminary talks to sell its stake in the team, which finished bottom of the constructors\u2019 championship standings last season.<\/p>\n
Alpine said in a statement: \u201c\u2060With the continued rapid growth of Formula One, the valuation of the teams has been increasing and, not surprisingly, has led to multiple interested parties looking to enter the sport.<\/p>\n
\u201c\u2060The team is regularly approached and contacted from potential investors, particularly given Otro Capital declared exploratory talks have taken place.<\/p>\n
\u201c\u2060One of those parties to express an interest is a group of investors, which also includes Christian Horner.<\/p>\n
\u201c\u2060Any approaches or discussions are with the existing shareholders, Otro Capital (24 per cent) and Renault Group (76 per cent), not directly with (boss) Flavio Briatore or the team.\u201d<\/p>\n
Horner oversaw a period of extraordinary success during his 20-year career with Red Bull, winning eight drivers\u2019 and six constructors\u2019 titles.<\/p>\n
The decision to relieve him of operational duties in July came 17 months after he was accused of \u201cinappropriate behaviour\u201d by a female colleague.<\/p>\n
At 2024\u2019s season-opening Bahrain Grand Prix, Horner was cleared of wrongdoing following an internal investigation, only for hundreds of WhatsApp messages — appearing to be exchanged between Horner and the complainant — to then be leaked to the F1 world.<\/p>\n
Horner, who is married to former Spice Girls singer Geri Halliwell, managed to keep the Red Bull hierarchy onside and fought on. He always denied the claims and was exonerated for a second time of controlling behavior by an independent KC in August 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"Alpine has revealed former Red Bull boss Christian Horner is among a group interested in investing in the…\n","protected":false},"author":2,"featured_media":306026,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[441],"tags":[49,48,578,86971,576,577,82],"class_list":{"0":"post-432788","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-formula-1","8":"tag-ca","9":"tag-canada","10":"tag-f1","11":"tag-f1-sports-auto-racing-league-f1","12":"tag-formula-1","13":"tag-formula1","14":"tag-sports"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/432788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=432788"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/432788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/306026"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=432788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=432788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=432788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}