The Latest Breaking News from Otro Capital

After earlier interest from Christian Horner, it now appears Mercedes team principal Toto Wolff is also in the market for the Otro Capital stake in Alpine. But what makes these shares so attractive to both?

The former Red Bull team principal can return to the sport from May and has been linked with Alpine

Patrick Mahomes is in the building. The Kansas City Chiefs quarterback, who is an investor in Alpine Racing, arrived at Hard Rock Stadium ahead of the Miami Grand Prix. He and his wife Brittany strolled into the paddock Sunday afternoon and made a beeline for Alpine Racing’s hospitality suite. 

F1 finances are as strong as they’ve ever been, as current revenue levels are understood to be over $3 billion.

In June it was announced that Otro Capital had acquired a 24% share in Alpine Racing Limited for €200 million, a deal that valued the Enstone company at around $900 million.

In June it was announced that Otro Capital had acquired a 24% share in Alpine Racing Limited for 200 million euros, a deal that valued the Enstone company at around $900 million.

Mahomes and Kelce are among a group of high-profile sports investors now involved with Alpine F1.

In June, the Renault Group parent company announced that it had sold a 24% stake in its grand prix team to an investor group in exchange for €200million. It valued the whole outfit at €900m.

In June, the Renault Group parent company announced that it had sold a 24% stake in its grand prix team to an investor group in exchange for €200million. It valued the whole outfit at €900m.