Provost admits Otro Capital deal failed to meet Alpine's goals
📰 Read the full article: https://sports-podcasts.com/en/episode/formule-1-provost-admits-otro-capital-deal-failed-to-meet-alpines-goals/ François Provost, CEO of Renault Group, openly admits that Alpine Formula 1’s partnership with Otro Capital has not met expectations, labeling it unsuccessful. This insight highlights the challenges facing Alpine amid a pivotal moment in their F1 journey. Provost’s comments come after Otro Capital invested €200 million in 2023, acquiring a 24 percent stake in Alpine Racing, bringing Hollywood stars like Ryan Reynolds into the fold. However, Provost clarifies…
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