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Reports Say Horner in Talks to Buy Alpine Stake for 2026 F1 Return

Any deal hinges on Otro’s sale decision plus Renault consent, with no agreement announced.

Overview

  • Multiple outlets report Horner is exploring the 24% minority holding in Alpine currently owned by Otro Capital, whose celebrity-backed consortium bought in during 2023.
  • Asked about the reports, Horner did not deny discussions with Renault or Alpine, while both organisations declined to comment and no transaction has been confirmed.
  • Coverage indicates Horner seeks equity combined with significant operational control, and his gardening‑leave terms allow a return to team duties in spring 2026 if a role is agreed.
  • Alpine’s context includes a last‑place 2025 finish, the shutdown of Renault’s Viry‑Chatillon engine programme, and a switch to Mercedes power units for 2026.
  • Flavio Briatore’s advisory role and long friendship with Horner feature in the speculation, with governance and supplier dynamics flagged as considerations if a deal progresses.