The news of the closure of Viry Chatillon, engine department of Alpinegave rise to a multitude of rumors about the possible sale of the team Formula 1.
However, Luca de Meohead of the Renault group which includes the French team, denied this route, assuring that for the moment they would continue in the “Grand Cirque”.
And according to the Italian, the value of Alpine will increase in the face of the new regulations: “I receive calls every two weeks from financiers who want to get into F1. They know that entering after 2026 will cost a lot more“.
“If I sell the team to them for 1 billion, they could sell it in a year for double or triple. In many cases, they are speculators. They know that a team will be worth 3,000 or 5,000 million“, he added.
“Being in F1 is essential for Alpine. We are in a closed club and this gives credibility to the brand among car enthusiasts. We don’t need this money“, concluded De Meo in an interview with ‘L’Equipe’.
This way Alpine will start rolling Mercedes engines maintain its brand in Formula 1, at least until 2026.
