In June it was announced that Otro Capital had acquired a 24% share in Alpine Racing Limited for €200 million, a deal that valued the Enstone company at around $900 million.That transaction has now been completed, and as part of the arrangement Otro co-founder Alex Scheiner recently became a director of the team.Otro’s partners in the deal are RedBird Capital Partners and Maximum Effort ...Keep reading
Ricciardo endured a tough start to the 2024 season, being outperformed by team-mate Yuki Tsunoda in the opening race while struggling to get comfortable aboard the VCARB01.The Australian's difficulties dashed the momentum of him being considered for a 2025 Red Bull seat, but in recent races, he has been working his way back to competitiveness.In China, following a requested chassis change ... Keep reading
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