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Alpine F1 Team

Alpine valuation confirmed at $900 million after sports stars investment

The team had previously announced the investment from high-profile sports stars to go with Ryan Reynolds and Rob McElhenney joining.

Gasly Mexico
To news overview © XPBimages

Alpine has formally been valued at $900 million USD after the investment from the likes of Travis Kelce and Patrick Mahomes was formally confirmed.

Super Bowl winners Kelce and Mahomes of the Kansas City Chiefs, joined forces with two-time World Heavyweight champion Anthony Joshua, major-winner Rory McIlroy, footballers Trent Alexander-Arnold and Juan Mata and investor Roger Ehrenberg in acquiring 24% of the team by Otro Capital.

This stake was for $200 million, which values the overall team at the $900 million mark for 100% of shares.

Alpine had a disappointing season on-track, claiming sixth in the Constructors', having slipped from fourth in 2022, with Pierre Gasly and Esteban Ocon 11th and 12th in the Drivers', scooping one podium apiece.

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RESULTS 2024 F1 Hungarian Grand Prix - Free Practice 2