Ryan Reynolds along with multiple investment firms invested $218 million into Alpine. As a result, the valuation of the team has neared the billion-dollar mark. Despite such a huge investment, the French team was recently accused of some cheap antics. Nevertheless, Otmar Szafnauer’s speculated replacement Mattia Binotto gets ready to force Alpine into making major money moves. What is Mattia Binotto upto?
The Renault F1 team was rebranded as the Alpine F1 team from the 2021 season to establish a new meaning and new values within the team. The ambition of the team was through the roof as a 5-year mark to challenge for the title was set. However, former executive director at Alpine, Marcin Budkowski revealed how the financial resources of the team did not match their ambition.
Avec la future arrivée de Binotto, il pourrait aussi ramener avec lui des ingénieurs motoriste important !
🔵 Selon : @Motorsport_IT, on entend qu'une poignée d'ingénieurs, spécialistes des différents domaines de l'unité de puissance, pourraient quitter le département moteur… pic.twitter.com/PxzBPEukiV
— Pierre Gasly Fan Page Fr (@PG10_FanactuFr) August 10, 2023
ADVERTISEMENT
Article continues below this ad
After Alpine was accused of these cheap antics of not putting in enough resources, the newly speculated Alpine boss, Mattia Binotto is believed to shake things up at the French team. @PG10_FanactuFr’s Tweet quoted Motorsport Italy and advised that Binotto will be bringing a handful of engineers and power unit specialists from Ferrari with him. It is further speculated that a significant salary increase along with economic benefits will push the Ferrari men to join the French stable.
Read More: Amid Mattia Binotto’s Shocking Appointment, Ex-Ferrari Boss Scoffs at Sad Reality of Alpine
Looks like the Alpine team that used to shy away from putting in financial resources is being forced by Mattia Binotto into making the big money moves for the Ferrari engineers. Despite all this, a former Ferrari manager still believes that Alpine is in shambles. Let’s see what he had to say.
“Seem to be very messy now”: Peter Windsor on Alpine’s struggles
ADVERTISEMENT
Article continues below this ad
Alpine finished P4 in the constructors last season. However, 2023 hasn’t really turned out the way the team expected it to. Amid all this, the CEO Laurent Rossi was moved to a different role followed by Otmar Szafnauer’s sacking. As Peter Windsor talked about the possibility of Mattia Binotto joining Alpine to be interesting, the former Ferrari general manager took a jab at Alpine and suggested that the team is in shambles.
According to Peter Windsor’s YouTube video, he said, “Don’t know what to say about it really. It’s kind of sad because the history of Renault was always very nice. When they first came into Formula 1 – lovely team. They’ve always been pretty cool, haven’t they? In the Flavio era, they did pretty good stuff. But they seem to be very messy now.”
ADVERTISEMENT
Article continues below this ad
What do you think? Will the changes make any difference at Alpine?
WATCH THIS STORY | Amidst Allegations Against Ryan Reynolds’ $218 Million Investment, Alpine CEO Finally Speaks About the Mega Deal