Otro, RedBird and Maximum Effort acquire stake in F1 outfit Alpine

Esteban Ocon driving for Alpine Racing during the Canadian Grand Prix on June 18, 2023 (by Clive Mason/Getty Images)
Esteban Ocon driving for Alpine Racing during the Canadian Grand Prix on June 18, 2023 (by Clive Mason/Getty Images)

A consortium consisting of Otro Capital, RedBird Capital Partners and Maximum Effort Investments has invested €200m ($217.8m) to acquire a 24-per-cent equity stake in Formula 1 team Alpine Racing.

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