Alpine and Mercedes, side by side
The same lines as the two team dossiers, set beside each other. Each line is one record, printed as its source printed it. Where a column says "None in this record", no confirmed record names that team there; it is not a statement about the team.
Who owns it
Who owns each team now, each line in its document's own words with that document's date. Stake sales are listed apart.
Alpine
- Grigny (Uk) Limited as of 12 November 2026
- Stake or control, as stated
- Ownership of shares – 75% or more Ownership of voting rights - 75% or more Right to appoint or remove directors nature of control of ALPINE RACING LIMITED, company 01806337, on the UK company register
Source Companies House, register read 12 November 2026Quote
ALPINE RACING LIMITED persons with significant control - Find and update company information - GOV.UK. Published by a public body, Companies House, register read 12 November 2026. It says:
ALPINE RACING LIMITED Company number 01806337 company heading of the register page
Grigny (Uk) Limited Active Notified on 6 April 2016 Governing law United Kingdom (England And Wales) Legal form Limited By Shares Place registered Companies House Registration number 1341588 Incorporated in England And Wales Nature of control Ownership of shares – 75% or more Ownership of voting rights - 75% or more Right to appoint or remove directors list of persons with significant control, the one active entry
Mercedes
- George Kurtz as of 20 November 2025
- Stake or control, as stated
- 15% minority interest in the ownership entity controlled by Toto Wolff
- Tie to the team, as stated
- which holds one third of the team
Source Mercedes-AMG PETRONAS F1 Team,Quote
George Kurtz Appointed Technology Advisor and Joins the Team’s Long-Term Ownership Group - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, 20 November 2025. It says:
Through his personal acquisition of a 15% minority interest in the ownership entity controlled by Toto Wolff, which holds one third of the team in partnership with Mercedes-Benz and INEOS, Kurtz joins Mercedes-Benz, INEOS, and Toto Wolff in the team’s long-term ownership group. paragraph 2
The Mercedes-AMG PETRONAS F1 Team and George Kurtz, CEO and Founder of CrowdStrike, today announced that Kurtz has become a co-owner of the team and been appointed Technology Advisor. paragraph 1
- INEOS as of 12 November 2026
- Stake or control, as stated
- three equal partners
Source Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Sustainability Governance - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff.
- Mercedes-Benz as of 12 November 2026
- Stake or control, as stated
- three equal partners
Source Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Sustainability Governance - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff.
- Toto Wolff as of 12 November 2026
- Stake or control, as stated
- three equal partners
Source Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Sustainability Governance - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff. Governance page, Our Board, first paragraph
Disclosed stake sales
Each sale a party to it announced, newest first. A sale is an event on its date, not a statement of who owns the team now.
Alpine
- Buyer Otro Capital, RedBird Capital Partners, Maximum Effort Investments named as Otro Capital and their partner, RedBird Capital Partners, along with Maximum Effort Investments
- Seller
- Alpine Racing Ltd
- Stake, as stated
- 24% equity stake stated for these parties together
- Price, as stated
- €200 million
- Valuation, as stated
- around $900 million
- Announced
- 26 June 2023
- Completed
- 18 December 2023
Source Renault Group, Renault Group,Quote
Alpine Racing Ltd speeds up its development and attracts €200m from world class investors. Published by a party to it, Renault Group, 26 June 2023. It says:
The Investor Group is investing €200 million, representing a 24% equity stake, to support Alpine’s growth strategy and sporting ambitions in Formula 1. summary, point 3
Boulogne-Billancourt, New York & Los Angeles – June 26, 2023 – Renault Group and Alpine announced a €200 million investment from Otro Capital and their partner, RedBird Capital Partners, along with Maximum Effort Investments (together the “Investor Group”) in Alpine Racing Ltd; (representing a 24% equity stake). Alpine Racing Ltd, the world class F1 team that finished top 4 in the 2022 F1 World Championship, is the entity representing Alpine’s F1 team and activities, based in Enstone (UK). opening paragraph of the release
The transaction values Alpine Racing Ltd around $900 million following this investment. It will accelerate Alpine’s growth plans and sporting ambitions in F1. paragraph 2 of the release
Alpine Racing Ltd finalises the sale of 24% of its share capital for €200m to investor group led by Otro Capital. Published by a party to it, Renault Group, 18 December 2023. It says:
The transaction values Alpine Racing Ltd at around $900 million following the investment, allowing Alpine to develop its Formula 1 image globally across media, sponsorship, ticketing, hospitality, commercial rights management, licensing and merchandising. paragraph 2 of the release
Boulogne-Billancourt, 18 December 2023 – Renault Group and Alpine announce the closing of the investment by Otro Capital of €200 million in Alpine Racing Ltd (based in England), announced on 26 June 2023, in the form of a 24% equity stake, to support Alpine's growth strategy and sporting ambitions in Formula 1. Alec Scheiner, co-founder and partner of Otro Capital, has joined the Alpine Racing Ltd board. opening paragraph of the release
Alpine Racing Ltd finalises the sale of 24% of its share capital for €200m to investor group led by Otro Capital release heading
Mercedes
- Buyer George Kurtz
- Stake, as stated
- 15% minority interest in the ownership entity controlled by Toto Wolff
- Price, as stated
- not disclosed: no price stated in the announcement
- Valuation, as stated
- not disclosed: no valuation stated in the announcement
- Announced
- 20 November 2025
Source Mercedes-AMG PETRONAS F1 Team,Quote
George Kurtz Appointed Technology Advisor and Joins the Team’s Long-Term Ownership Group - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, 20 November 2025. It says:
Through his personal acquisition of a 15% minority interest in the ownership entity controlled by Toto Wolff, which holds one third of the team in partnership with Mercedes-Benz and INEOS, Kurtz joins Mercedes-Benz, INEOS, and Toto Wolff in the team’s long-term ownership group. paragraph 2
The Mercedes-AMG PETRONAS F1 Team and George Kurtz, CEO and Founder of CrowdStrike, today announced that Kurtz has become a co-owner of the team and been appointed Technology Advisor. paragraph 1
20 November 2025 dateline
- Buyer INEOS
- Seller
- not disclosed: no seller named
- Stake, as stated
- one third shareholder
- Price, as stated
- not disclosed: no price stated in the announcement
- Valuation, as stated
- not disclosed: no valuation stated in the announcement
- Announced
- 18 December 2020
Source INEOS, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Mercedes-AMG Petronas Formula One Team welcomes INEOS as a one third equal shareholder alongside Daimler and Toto Wolff. Published by a party to it, INEOS, 18 December 2020. It says:
The Mercedes-AMG Petronas Formula One Team is delighted to announce that INEOS will become a one third shareholder in the team, which will be owned in three equal parts by Daimler AG, INEOS and Toto Wolff. release, paragraph 1
18 Dec 2020 dateline
The Team Welcomes INEOS as a One Third Equal Shareholder Alongside Daimler and Toto Wolff. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG Petronas Formula One Team is delighted to announce that INEOS will become a one third shareholder in the team, which will be owned in three equal parts by Daimler AG, INEOS and Toto Wolff. release, paragraph 1
Last valuation a party disclosed
Each in the party's own words, from its own announcement, on its own date. The two were stated at different times and on different terms; they are not a like-for-like comparison, and nothing here is worked out from a price and a stake.
Alpine
Stated with a stake sale, 26 June 2023: Otro Capital, RedBird Capital Partners, Maximum Effort Investments, 24% equity stake.
Quote
Alpine Racing Ltd speeds up its development and attracts €200m from world class investors. Published by a party to it, Renault Group, 26 June 2023. It says:
The transaction values Alpine Racing Ltd around $900 million following this investment. It will accelerate Alpine’s growth plans and sporting ambitions in F1. paragraph 2 of the release
Alpine Racing Ltd finalises the sale of 24% of its share capital for €200m to investor group led by Otro Capital. Published by a party to it, Renault Group, 18 December 2023. It says:
The transaction values Alpine Racing Ltd at around $900 million following the investment, allowing Alpine to develop its Formula 1 image globally across media, sponsorship, ticketing, hospitality, commercial rights management, licensing and merchandising. paragraph 2 of the release
Mercedes
None in this record.
Drivers and their terms
Drivers announced for 2027, with the term as the team stated it. A driver under contract with no term stated, and a reserve, is not counted as a 2027 seat.
Alpine
- Franco Colapinto
- Role
- race seat the team's words: race driver
- 2027 seat
- confirmed for 2027
- Contract through
- length not announced
- Announced
- 27 August 2026
Source Alpine,Quote
Painting the perfect picture - Franco is ours for 2027. Published by a party to it, Alpine, 27 August 2026. It says:
BWT Alpine Formula One Team is delighted to finalise its driver line-up for the 2027 FIA Formula One World Championship season with Franco Colapinto remaining with the team alongside Pierre Gasly. release, first paragraph
Flavio Briatore: “We are very happy to confirm our driver line-up for 2027 with Franco staying as a race driver alongside Pierre. release, quote of the Executive Advisor
Painting the perfect picture - Franco is ours for 2027 27 August 2026 See Photos / Videos release heading and dateline
- Pierre Gasly
- Role
- race seat the team's words: driver line-up
- 2027 seat
- confirmed for 2027
- Term, as stated
- to the end of the 2028 FIA Formula One World Championship season
- Contract through
- 2028
- Announced
- 6 September 2025
Source Alpine, Alpine,Quote
Pierre Gasly commits long-term future to Alpine with contract extension. Published by a party to it, Alpine, 6 September 2025. It says:
Today during the weekend of the Italian Grand Prix in Monza, BWT Alpine Formula One Team is delighted to announce that Pierre Gasly has committed his long-term future to the team by extending his contract to the end of the 2028 FIA Formula One World Championship season. release, first paragraph
Pierre Gasly commits long-term future to Alpine with contract extension 06 September 2025 See Photo / Video release heading and dateline
Painting the perfect picture - Franco is ours for 2027. Published by a party to it, Alpine, 27 August 2026. It says:
BWT Alpine Formula One Team is delighted to finalise its driver line-up for the 2027 FIA Formula One World Championship season with Franco Colapinto remaining with the team alongside Pierre Gasly. 2027 line-up release, first paragraph
Mercedes
This team's 2027 line-up is not yet in this record.