![\"George](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/05\/513ba4e04f75d00495fc504838af0f3b.jpeg\"\/)
<\/p>\nMercedes is no longer pursuing a minority stake in the Alpine F1 team after disagreeing with Otro Capital’s asking price.<\/p>\n
Mercedes, which is already supplying power units and gearboxes to Alpine, had been interested in acquiring Otro Capital’s 24% stake, and the manufacturer had agreed in principle with majority owner Renault to buy them.<\/p>\n
Advertisement<\/p>\n
However, as first reported by the BBC and verified by Motorsport, that deal has now collapsed. It is understood Otro Capital’s $720m asking price, which values the team at $3bn, is well above what Mercedes thinks Alpine’s valuation is, and therefore exceeds what it considers a sound financial investment.<\/p>\n
Mercedes has declined to comment on the matter, while Alpine has been contacted for comment.<\/p>\n
George Russell, Mercedes<\/p>\n
George Russell, Mercedes<\/p>\n
Otro acquired the shares as recently as June 2023 for $233m. Majority shareholder Renault is understood to have the power to veto any buyers of Otro’s share until September. A consortium around former Red Bull F1 boss Christian Horner is among the other parties interested in acquiring the share.<\/p>\n
Advertisement<\/p>\n
This week Alpine announced a landmark deal with luxury giant Gucci for a title sponsorship of the team, with the Enstone-based squad rebranded as Gucci Racing Alpine in 2027.<\/p>\n
Gucci will replace water technology BWT as the team’s title sponsor and will also take over the team’s car livery.<\/p>\n
Former Alpine CEO Luca de Meo, who now heads up Gucci’s parent company Kering, was a key player in sealing the deal with the team’s executive advisor Flavio Briatore.<\/p>\n
Read Also:<\/p>\n
Alpine continues quest to fix Pierre Gasly’s mystifying car issues <\/a><\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/05\/c989ce68af5416dd4f49ee1c455e78b7.jpeg\"\/)
<\/a><\/p>\n