Renault CEO rules out Alpine F1 sale

Luca de Meo says French company has had "offers left and right" for Enstone-based team.
Getty Images
  • Poor performances have prompted speculation over the future of the team
  • De Meo says Renault “do not need the money” from a sale

Renault chief executive Luca de Meo has ruled out a sale of the struggling Alpine Formula One team.

Poor performances this season have prompted speculation that the team may be up for sale, especially with American outfit Andretti exploring options to enter the series.

While revealing he has received offers for Alpine, de Meo dismissed any suggestion of a sale, emphasising that he has no plans to sell either the whole team or parts of it.

“I want to make this very clear,” de Meo told Autocar. “There is no way we are going to give up.

“It’s not my style. We will not sell even a part of this thing. We don’t need the money. I’ve had people making offers left and right, then talking in the press about it. But we’re not interested. It would be stupid and I won’t do it.”



The Italian also suggested there will be more staff changes following a management overhaul that included the departure of operations director Rob White, who had been with Renault for more than 20 years.

“When we began the hybrid era [in 2014], our engine didn’t perform,” de Meo said. “We had been world champions with Red Bull but with hybrid, things went wrong.

“Even the engine we developed in 2021 had a 0.2-sec to 0.5-sec disadvantage every lap. And this year we’ve screwed up with the car. If you combine everything, we’re up to 1.5 sec from where we need to be.”

He also admitted that he isn’t sure if the recovery plan is on track.

“For this year and 2025, we will try with the current setup, then push to get things right for the next cycle,” he said. “That’s the challenge. But we will do everything necessary to be a competitive team.”

Elsewhere, Alpine have also renewed their partnership with Racing Pride, the initiative championing LGBTQ+ inclusion through motorsport, to promote key messages and several initiatives to raise awareness and stand in solidarity with the LGBTQ+ community.

BlackBook says…

This pours water on any hopes that Andretti had of buying their way into Formula One through Enstone-based Alpine.

International Automobile Federation (FIA) president Mohammed Ben Sulayem has said Andretti should “go and buy another team” after seeing their initial bid to enter the sport rejected, but that option appears to be unavailable for the time being.

Renault has turned its back on Formula One before, officially severing ties with the series after the 2011 season, but quickly returned in 2016. With Formula One more financially lucrative than ever before, it would be a surprise to see the French company repeat that decision.

Don’t miss the latest news and insights from across the business world of motorsport. Subscribe to the BlackBook Motorsport Weekly newsletter here.

Share

Related content