$900 Million Worth Alpine F1 Told to Shut Shop And Sell Itself: “Very Embarrassing”

$900 Million Worth Alpine F1 Told to Shut Shop And Sell Itself: "Very Embarrassing"
Credits: IMAGO / ZUMA Wire

After the first two races of the season, Alpine look like one of the worst teams on the grid. Having finished P6 in the championship last year, the French outfit has been off to a dismal start this season. Both their drivers qualified in the last row in Bahrain and could not score a points finish. Points once again eluded them in Jeddah as Pierre Gasly suffered a 1st lap DNF while Esteban Ocon finished P13. Taking note of the downfall, former F1 team principal Eddie Jordan believes they might not feature on the grid in 2025, as reported by Motorsport-Total.

Advertisement

Advertisement

Ever since Renault (Alpine) re-joined the F1 grid, they have been plagued with setbacks. The Enstone-based outfit came to the sport with a five-year plan, but key departures continued to act as setbacks. Last year, ex-Team Principal Otmar Szafnauer had to make way for Bruno Famin. Per Jordan, the team let go of Szafnauer a bit too early.

“It’s absolutely embarrassing. At the moment, they are the team that is in the biggest crisis.”

Under Famin, problems continue to plague Alpine as their performances seem to dip with each passing race. Key personnel are taking note of the same and are walking away from the team. Recently, Matt Harman and Dirk de Beer have handed in their resignation, with there being rumors of more resignations to follow soon.

Hence, Jordan worries Alpine’s time in F1 might well be over. Despite investments from Travis Kelce, Patrick Mahomes, and co., RacingNews 365 reported that the team’s value was around $900 million in December 2023. The value was $500 million less than Forbes‘ estimated value of $1.4 billion in July of the same year.

Poor performances compelled Alpine to make structural changes

Following the poor outings in the opening two races of the season, Bruno Famin confessed to Racer.com about the need to make changes. A new structure came into being at Alpine, with three Technical Directors taking charge of three separate divisions. Famin believes the improvements they made in 2023 give him the confidence to be able to continue striving for success in 2024. With a fresh management structure, the belief of the team is that they will be able to make the organization “much more horizontal, much less vertical.”

Advertisement

Through the new structure, Famin believes there will be short-term gains for his team. Hence, they can focus on short-term, as well as, long-term gains, instead of only focusing on the now. By the time the 2026 regulations kick in, Famin hopes to learn from the A524. These learnings will be critical for Alpine to ready themselves for 2026. Additionally, the A524 shall act as the base for Alpine to develop their 2026 car (A526). Hence, Famin is optimistic that his team will be able to survive the current dip.

Related Posts

EMERGENCY: THE DARKEST SECRETS OF THE JUSTICE SYSTEM ARE ABOUT TO BE UNLEASHED! The silence is finally SHATTERED! As the explosive hearings for Rupert Lowe’s “Rape Gang Inquiry” kick off in London, a terrifying truth is emerging. For years, the screams of victims were ignored, and the truth was buried deep within expensive, hidden court files. But now, the curtain is being ripped wide open, and some very powerful people are SHAKING! Why has the truth been kept behind a “paywall” for so long? Why were public authorities allowed to turn a blind eye while innocent lives were destroyed? Rupert Lowe is making a move that the establishment DREADS: he’s demanding that EVERY court transcript be made FREE for the public! Is the system hiding evidence of its own massive failures? This isn’t just an inquiry; it’s a war for justice that the “Über Elite” never wanted you to join. THEY CAN NO LONGER HIDE. Sign the urgent petition and click the link below to see the chilling testimonies they tried to suppress for decades!

EMERGENCY: THE DARKEST SECRETS OF THE JUSTICE SYSTEM ARE ABOUT TO BE UNLEASHED! Hearings Begin for Rupert Lowe’s “Rape Gang Inquiry” in London as Public Petition Gains…

JUST WANT TO LIVE…” — Bob Mortimer Has Moved Fans To Tears With A Raw, Quietly Brave Confession About Life After His Triple Heart Bypass, Admitting He’s Gently Defying Doctors’ Orders Because Fear Has Already Taken Enough From Him. Speaking With Heartbreaking Honesty, Bob Revealed The Nights Filled With Anxiety, The Moments He Cried Alone, And The Decision That Changed Everything: “I Realised I Didn’t Want To Survive — I Wanted To Live.” Rather Than Letting Worry Steal The Time He Has Left, He’s Choosing Joy, Laughter, And Meaning Wherever He Can Find It. Fans Say His Words Feel Less Like An Interview And More Like A Farewell Letter — Tender, Human, And Devastatingly Real — A Reminder That Even Comedy’s Brightest Souls Carry Quiet Battles The World Never Sees.

Bob Mortimer has made a brutally honest confession about life after his emergency triple heart bypass — and it’s left fans both shocked and strangely moved The 66-year-old comedian,…

Unraveled by Chaos: 41 Hotels Set Ablaze Amidst UK’s Explosive Anti-Migrant Riots—Is Britain’s Immigration Strategy Crumbling Under the Weight of Public Fury and Political Division? Discover the Unfolding Crisis Fueling Fear and Unrest Across the Nation!

Breaking news: In an unprecedented surge of violence across the UK, 41 hotels housing migrants have erupted in flames amid escalating anti-migrant riots. Chaotic clashes between masked…

TEN MILLION POUNDS AND OUT ANT MCPARTLIN TURNS HIS BACK ON LONDON LIFE SS

TEN MILLION POUNDS AND OUT ANT MCPARTLIN TURNS HIS BACK ON LONDON LIFE Ant McPartlin has declared: ‘I’m a celebrity, get me out of here!’ as he quits…

THE ULTIMATE ULTIMATUM: MAL’S D.E.A.D.L.Y OBSESSION PUSHES DEV TO THE EDGE! SS

THE ULTIMATE ULTIMATUM: MAL’S D.E.A.D.L.Y OBSESSION PUSHES DEV TO THE EDGE! Bernie was left rattled in tonight’s Coronation Street (Friday, January 30) as she pleaded with Mal…

THE END OF AN ERA ON THE COBBLES: ALAN HALSALL BREAKS HIS SILENCE! SS

THE END OF AN ERA ON THE COBBLES: ALAN HALSALL BREAKS HIS SILENCE! Coronation Street’s Alan Halsall responds as co-star’s exit for new role confirmed The actor…