Mercedes has walked away from Alpine talks - here's why

Mercedes has stepped out of the bidding war for the Alpine F1 stake currently held by Otro Capital. Mercedes was one of the parties interested in the stake, but with sources indicating the figures of valuation being discussed were not in line with expectations, the German manufacturer has exited discussions.

Mercedes has walked away from Alpine talks - here's why. Mercedes has stepped out of the bidding war for the Alpine F1 stake currently held by Otro Capital. Mercedes was one of the parties interested in the stake, but with sources indicating the figures of valuation being discussed were not in line with expectations, the German manufacturer has exited discussions. Mercedes withdraws from Alpine stake bidding process Want more PlanetF1.com coverage? Add us as a preferred source on Google for news you can trust . Mercedes has withdrawn from discussions to buy Otro Capital’s 24% stake in Alpine. Valuation expectations are understood to have been a key factor behind Mercedes ending its pursuit. The move potentially strengthens Christian Horner’s position in the race for an Alpine ownership stake. First reported by the BBC on Friday evening, s...