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Both Toto Wolff and Christian Horner’s attempts to acquire equity in Alpine are being taken seriously, and the two have an advantage over other bidders.
Horner has eyed a stake in Alpine for several months now, even putting together a consortium to help with the financial aspect of the move.
By acquiring the 24% stake in Alpine from Otro Capital, Horner is aiming to be Alpine’s majority owner, eventually negotiating with Renault for a percentage of their equity.
Prove me wrong: Christian Horner is the best person Alpine can hire in 2026
However, Toto Wolff and Mercedes emerged as surprise bidders, looking to acquire a portion of Alpine despite having a financially lucrative agreement with them to sell gearboxes and power units.
Fans are left wondering which of the two F1 powerhouses have the edge in this race. As it turns out, both Toto Wolff and Christian Horner’s bids are receiving legitimate consideration from Alpine stakeholders.
READ MORE: Toto Wolff accused of ‘pettiness’ by F1 fans as he considers hijacking Christian Horner’s Alpine bid
Alpine giving heavy consideration to Toto Wolff and Christian Horner’s bids due to F1 expertise and connections
According to Planet F1, both Christian Horner and Toto Wolff’s bids for Otro Capital’s stake in Alpine are being given serious consideration.
Both Horner and Wolff’s experience in F1 and connections within the sport are reportedly of great interest to Alpine, and will be a factor in their sale consideration.
“Exact valuations of the respective bids have not been revealed, although sources have indicated that the bids would value Alpine at around £2.5 billion – extrapolating from this would suggest bids of around £600 million for Otro Capital’s 24 per cent.”
“This would mark a significant return for Otro Capital, whose high-profile investors include Hollywood actor Ryan Reynolds and golfer Rory McIlroy, amongst others, having paid €200 million for the stake three years ago.”
“Of the bids on the table, both Horner’s and Wolff’s bids are believed to be of considerable interest to the Renault Group due to the level of understanding of F1 they possess, as well as existing connections and opportunities.”
READ MORE: Theo Pourchaire might just have one final chance to join F1 as Toto Wolff eyes Alpine stake
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Mercedes could have edge due to existing Alpine relationship
There is reason to believe that Mercedes and Toto Wolff’s bid might get greater consideration due to their already fruitful relationship with Alpine.
As mentioned above, Alpine have an agreement in place with Mercedes to purchase gearboxes and power units till 2030.
While Alpine’s representatives declined to comment, Mercedes’ representatives told Planet F1 that they’re monitoring the situation.
“Mercedes is a key strategic partner of Alpine, and we are being kept apprised of the latest developments.”
It’ll be interesting to see how this bidding war plays out, as Toto Wolff and Christian Horner look set to renew their rivalry.
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