- Article of Association filings at Companies House reportedly confirm the three‑year veto has expired.
- Otro Capital’s 24% stake was bought in 2023; reports say the expiration enables new bidders to approach the holding.
- A sale could materially alter Alpine’s ownership structure and governance if a credible buyer secures the tranche.
- Report frames Alpine as an obvious route for Horner given his desire for an ownership role rather than only team management.
- Sources quoted in the piece suggest Horner wants a meaningful equity position similar to other team principals who hold shares.
- The story notes Renault can still veto up to three offers in some circumstances but that this is not seen as an insurmountable obstacle.
- Report cites remaining contractual mechanics and Renault’s potential residual veto rights as complexities.
- No formal bid or confirmation from Horner, Otro Capital or Renault is published in the article.
- Any actual transaction would require further filings and formal announcements to be definitive.
Useful?