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Motorsport
Motorsport
Sport

Alpine F1 team completes 200m euro stake sale to US investors

In June it was announced that Otro Capital had acquired a 24% share in Alpine Racing Limited for 200 million euros, 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.

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