Just a few days ago, a star-studded group of athletes got involved in Formula 1 by joining a group investing into the Alpine team.
Such an investment is definitely beneficial for Alpine, especially after their management overhaul took place a few months ago. This could be the start of their rise to the top in Formula 1 over the next few seasons.
Renault sold a combined 24% stake in Alpine to multiple investment groups this past June. Current Wrexham FC owners Ryan Reynolds and Rob McElheney were a part of that group.
Otro Capital had a number of star athletes join their investment group just days ago. That group includes Travis Kelce, Anthony Joshua, Patrick Mahomes, Trent Alexander-Arnold, Juan Mata, and Rory Mcllroy.
This will help Alpine finally progress on multiple levels since their rebranding from Renault ahead of the 2021 Formula 1 season.
The new managerial shift combined with this investment of €200 million and the additional publicity from these athletes will have the team on the right path.
The timing of this investment could play out well, considering there is a big change to the regulations on the horizon for Formula 1 in 2026. Alpine could emerge as a championship contender at that time, but there is potential for that in 2025 as well.
Alpine could be pushing to finish higher than P5 or P6 in the constructor championship next year, with P6 likely on the cards for 2023. We could very well see them surpass Aston Martin soon and close the gap to the top four. However, that is still a big “if”, considering this investment must be put to good use and turn out as a success.
Additionally, potential for such improvement could be used as a factor by the team to draw in some high-profile drivers. Both Pierre Gasly and Esteban Ocon have contracts that expire at the end of 2024. In a year when a lot of the grid will have expiring contracts, utilizing the driver market will be a key part of Alpine’s rise to competing with the best.
This mass investment into the team, headlined by many stars in the world of sports, seems to be coming at the right time. A best-case scenario from this investment could result in Alpine competing with the best teams in Formula 1 before too long.