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Story summary
- Otro Capital is selling a 24% stake in the Alpine Formula One team, which includes Ryan Reynolds.
- The stake was purchased for $233 million in 2023.
- Mercedes F1 team, led by Toto Wolff, may be pursuing the stake, though no confirmation has been issued.
- Renault Group CEO Francois Provost may sell the Alpine Formula One team if the price is right, signaling a shift toward a franchise model in F1.
