Steve Cohen is another contender for Alpine F1 shares.

Steve Cohen is another contender for Alpine F1 shares.

      American businessman and politician Steve Cohen is interested in purchasing a stake in the Alpine team, owned by the investment company Otro Capital. By buying a 24% stake in the team for $218 million in December 2023, Otro Capital promised to use its connections to increase the visibility of the Renault project in Formula 1 and open up commercial opportunities, but nothing substantial was achieved, to the point that Renault is now forcing Otro to sell its stake in the team early. Another interested party is a consortium that includes Christian Horner and MSP Capital Partners – a former minority shareholder of McLaren, as well as Toto Wolff and Mercedes-Benz AG.

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Steve Cohen is another contender for Alpine F1 shares.

American businessman and politician Steve Cohen is interested in purchasing a stake in the Alpine team...