Source: USA TODAY Sports/Erich Schlegel
[Saba Sports News] Alpine F1 Team CEO Luca de Meo revealed in a media interview that he receives calls from financiers every 15 days inquiring about purchasing Alpine F1 Team. Luca stated that these investors realize that entering F1 after 2026 will be more expensive. If they acquire the team today for $1 billion, they could sell it for more than double that price in two years; a team’s value could reach $3 billion to $5 billion. Luca reiterated that he is not short on money and will never sell Alpine Team; he has already rejected speculators more than 50 times. Participating in F1 is crucial for the Alpine brand as it enhances credibility among fans. Luca is noted to be the son of a commercial banker and speaks five languages including German and English; he has lived in 12 countries. His first job was at Renault, after which he worked at Toyota’s European division, Fiat Group, Volkswagen Group, etc., gaining extensive experience in marketing and brand management.