Mercedes pull out of talks to buy stake in F1 rivals Alpine
Mercedes have withdrawn from negotiations to purchase a minority stake in rival F1 team Alpine, believing the valuation of the share, owned by US investment firm Otro Capital, to be too expensive.
source https://www.skysports.com/f1/news/12040/13549162/mercedes-pull-out-of-talks-to-buy-minority-stake-in-f1-rivals-alpine-after-deeming-valuation-to-be-too-expensive
source https://www.skysports.com/f1/news/12040/13549162/mercedes-pull-out-of-talks-to-buy-minority-stake-in-f1-rivals-alpine-after-deeming-valuation-to-be-too-expensive
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