Outgoing Alpine team principal Bruno Famin has responded to the suggestion the F1 squad is up for sale.
Famin will step down from his role as team boss at the end of August having taken on the role 12 months ago.
The French squad has endured a difficult run of form this year, starting the campaign competing towards the back of the field.
Although it has made gains throughout the season, it has just nine championship points after the opening 13 rounds.
Renault, which supplies Alpine with engines, is also set to cease its F1 involvement and transition the team to a customer squad going forward.
Famin has denied the series of changes point to the team going up for sale in the near future.
“No, the Formula 1 project remains a key project for the Alpine brand,” Famin told media including RacingNews365.
“It's thanks to Formula 1 that we want to develop the brand awareness globally.
“That remains, but the project is just reallocating the resources to develop the brand better, always based on the pillar of motorsport and mainly Formula 1 to develop the awareness.”
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Alpine highlight 2026 importance
Should Renault stop its involvement as a power unit manufacturer, it will bring the number of engine suppliers for the new set of regulations for 2026 to five.
Famin highlighted that a decision over its power unit must be made soon before Alpine starts building its chassis for the sport's new era.
“We are at a very specific crossroads where the project for developing the Alpine brand is now very concrete, very clear,” he said. “We know the resources needed for developing it.
“And on the other hand, we know that for the 2026 car generation in Formula 1, it's now that the chassis regulations have been published a few weeks ago.
“It's now that we have to decide, because again, the guy designing the chassis needs to know which PU they are going to use.
“It's not why before, it's because now the question at the Alpine brand point of view is how do we use, in the best possible way for developing the brand, the resources we have.”
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