Mercedes Walks Away from Alpine F1 Stake Deal, Citing High Asking Price
Mercedes has walked away from acquiring a 24% minority share in the Alpine Formula 1 team after rejecting Otro Capital’s $720 million asking price. Valuation dispute ends potential deal Although the German manufacturer already supplies Alpine with power units and gearboxes, negotiations collapsed when the price proposed by the Luxembourg‑based investor exceeded Mercedes’ assessment of the squad’s […]

