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Christian Horner is pursuing a high-profile return to Formula 1 through a potential investment in Alpine, with talks underway involving MSP Sports Capital, the firm that previously backed McLaren Racing. The 52-year-old former Red Bull Racing CEO and team principal, who departed Milton Keynes in July 2025 after two decades leading the championship-winning team, is now positioning himself for a fresh chapter in the sport—this time as a team owner rather than operational leader.
According to reports from Sky News, Horner has been engaged in discussions with a consortium of institutional investors, family offices, and high-net-worth individuals aimed at acquiring Otro Capital's 24 percent stake in the Enstone-based squad. MSP Sports Capital, the American investment firm that exited McLaren Racing in September 2025 following a major refinancing deal, is among the key players backing the proposal.
MSP Sports Capital's involvement adds considerable credibility to Horner's ambitions. The firm previously invested in McLaren Racing in 2020 and maintained a significant minority stake until their recent exit in 2025 as part of a deal that valued the Woking-based team at over $5 billion. Now, having tasted F1 investment success with McLaren, MSP appears eager to explore fresh opportunities within the championship's expanding commercial landscape.
The potential deal could value Alpine at approximately £1.8 billion ($2.5 billion), reflecting the soaring valuations of F1 franchises in recent years. However, any transaction would require cooperation from Renault Group, which retains majority control with a 76 percent stake in the French constructor.
Since departing Red Bull, Horner has maintained a measured approach to his F1 future. When addressing speculation surrounding his next move, the Englishman emphasized he would only return under specific circumstances: "I'd only come back for the right opportunity, working with the right people that are like-minded and want to win. I've got no interest in just taking part."
He further elaborated on his vision: "Look, I've done my shift, I think. If I were to come back, it would be in a slightly different role to the one that I performed for the last 21 years or so." This statement suggests Horner envisions a majority or controlling ownership position rather than an operational management role, a natural progression given his two decades of championship success at Red Bull, where he oversaw eight drivers' titles and six constructors' championships.
Alpine's current predicament makes them an intriguing acquisition target. The French constructor finished last in the 2025 constructors' championship, a dramatic fall from grace for the historic marque. However, the team has implemented strategic changes designed to reverse their fortunes. Most significantly, they've switched to Mercedes power units for 2026 after closing their in-house Renault Formula 1 engine operation, securing power from the class-leader that has dominated the hybrid era.
Furthermore, Alpine pivoted development resources early in 2025 toward their 2026 chassis, taking full advantage of the sweeping new technical regulations introduced this season. This forward-thinking approach provides a potential investor with a clear performance trajectory and genuine competitive opportunity—precisely the type of "exciting" project Horner indicated would tempt him back.
Alpine officially acknowledged Horner's interest in January 2026, stating: "One of those parties to express an interest is a group of investors, which also includes Christian Horner." The team's statement emphasized that any negotiations proceed directly with shareholders Otro Capital and Renault Group, not with team operations or current boss Flavio Briatore.
The restructuring of F1 team ownership continues to accelerate. Beyond Alpine, the championship has witnessed significant investment activity, with multiple stakeholders seeking entry into the sport as commercial valuations climb. For Horner, currently at liberty following his Red Bull departure, the Alpine opportunity represents a genuinely compelling pathway to shape the sport's future—assuming financial and structural arrangements can be finalized with existing shareholders and MSP Sports Capital's consortium closes its funding position.
The boardroom drama surrounding Alpine's ownership structure will undoubtedly dominate F1 transfer speculation in the coming weeks.
He’s a software engineer with a deep passion for Formula 1 and motorsport. He co-founded Formula Live Pulse to make live telemetry and race insights accessible, visual, and easy to follow.