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Renault definitely not selling Alpine F1 team – CEO
Jun.7 Renault Group CEO Luca de Meo insists the Alpine team is not for sale. Last year, a sizeable chunk of the team was sold to a group of investors, amid a period of personnel turmoil and the subsequent performance slump in 2024. It ramped up speculation that Alpine could be the perfect team for the hopeful Andretti-Cadillac operation to buy. 'I want to make this very clear,' de Meo told Autocar. 'There is no way we are going to give up. We will not sell even a part of this thing.' The common perception in the paddock is that even the smallest and most uncompetitive teams on the grid are now valued in excess of US $1 billion. 'I've had people making offers left and right,' de Meo said,...
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1y ago from OneStopStrategy.com
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