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LONDON (AP) — The Alpine Formula 1 team confirmed Sunday that ex-Red Bull boss Christian Horner is among the interested parties in buying a minority stake in the team.
“It is no secret that Otro Capital has held preliminary talks to sell its stake in the team,” Alpine said in a statement. “The team is regularly approached and contacted from potential investors, particularly given Otro Capital declared exploratory talks have taken place. One of those parties to express an interest is a group of investors, which also includes Christian Horner.”
Horner was fired by Red Bull in July to end a 20-year stint that included eight F1 drivers’ titles but also more recent turmoil that rocked the team on and off the track.
Alpine has switched to Mercedes engines for a new era of F1 regulations this year.
Alpine finished last in the constructors’ standings last year.
Preseason testing opens in Barcelona on Monday.
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AP auto racing: https://apnews.com/hub/auto-racing
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