Yes the rumours are true, it is a done deal with the capital fund Accel and private credit HPS Investment Partners that are set to invest between 1,5 and 2 billion $. So yes, Lawernce decided to sell part of the team. Aston will make an announcement soon.zoroastar wrote: ↑08 Sep 2024, 06:15i think i heard today that the net worth is 1.5 billion. and its only going to go up in the short term i would think. f1 isnt like it was a few years ago, where teams were struggling to make ends meet. for better or for worse, every team is making a profit just from being there. so teams like Andretti have to wait forever to even get a chance, and alpine can half ass their way along forever. until they start to realize how bad it makes the brand look. it is crazy that stroll came in and spent a few hundreds of millions and is still going to probably turn a proffit though haha
Very strange that Aramco did not participate.
Alpine is different story, there is no will to invest to win or to sell. Newey and Horner went to see Carlos Ghosn at the time to ask for more investment and his answer was that they are in F1 only because their marketing team said to him to stay. Since then nothing changed. Maybe with Briatore things will change.