P1racenews AI automatic summary:
F1 News Today: Team completes major sale as Ricciardo criticism surfaces amid Russell’s new deal
Alpine Formula 1 team has closed a €200m deal with US investors Otro Capital, cementing a substantial 24% ownership share in the team. This agreement marks a successful conclusion for the team and secures a significant financial backing from American investors. The partnership with Otro Capital represents a promising opportunity for Alpine to further enhance their performance and competitiveness in the highly competitive world of Formula 1. With this newfound investment, Alpine can now focus on developing their car, improving their infrastructure, and attracting top talent to push for even greater success on the race track.
