Flavio Briatore is expected to leave his advisor role at Alpine within weeks, according to paddock sources who say BYD—the Chinese electric vehicle manufacturer—is in early-stage discussions to acquire Renault's F1 operation with Christian Horner positioned as team principal.
The timing is deliberate. Briatore returned to Alpine in June 2024 as executive advisor after the team finished eighth in the constructors' championship, its worst result since returning to F1 as a works team in 2021. His mandate was stabilization: hire a competitive technical director, negotiate driver contracts that didn't bleed budget, stop the political theater between Enstone and Viry. He installed Oliver Oakes as team principal in August, signed Jack Doohan for 2025, and spent three months convincing Renault leadership that keeping the Viry engine program alive past 2026 was operationally possible if not financially rational. That work is functionally complete. His departure would not be a firing; it would be an exit on terms, which in Briatore's career has always meant someone else is buying the furniture.
BYD's interest is not speculative. The Shenzhen-based manufacturer sold 3.02 million vehicles in 2023, passed Tesla in quarterly EV sales twice last year, and has been mapping Formula 1 sponsorship opportunities since late 2023 through its European distribution partner, Hedin Automotive. A full team acquisition would vault BYD past title sponsorship into the same category as Honda and Audi: a manufacturer using F1 as both engineering lab and brand credibility tool in Western markets where "Chinese EV" still implies subsidy and quality risk. The regulatory path is clean—no state ownership issues that tripped CNOOC's 2005 Unocal bid, no technology transfer concerns that shadow Huawei. BYD is privately held, Wang Chuanfu owns 27%, and the company has spent two years building a manufacturing footprint in Hungary and Thailand specifically to dodge tariff walls. F1 fits that same geopolitical strategy: buy legitimacy where you can't build it fast enough.
Horner's involvement is the signal that this is past the napkin stage. He has been Red Bull Racing's team principal since 2005, presided over seven constructors' championships, and is contracted through 2026. He is also in the middle of a governance war with Red Bull's Austrian side after last season's compliance investigation, which ended with no formal findings but left relationships cold enough that Helmut Marko's contract was not renewed in its previous form. Horner does not leave mid-contract for a rebuilding project unless the money is generational or the situation at Red Bull is worse than reported. Both can be true. BYD could offer equity, a $10-15 million annual salary, and total operational control—none of which Red Bull's current structure allows. For BYD, Horner brings the one thing it cannot buy domestically: a reputation for winning that European sponsors and drivers will trust.
Renault's motivation is equally clear. The parent company has been trying to exit or minimize its F1 expenditure since 2020, when it downgraded Alpine from works team to "customer engine" considerations for 2026. Keeping Viry open costs Renault roughly €150-180 million annually when the engineering talent could be redeployed to electric powertrains that generate revenue. Selling to BYD would extract Renault cleanly, preserve some jobs at Enstone, and avoid the brand damage of shuttering the team outright. Luca de Meo, Renault's CEO, has spent three years saying F1 is a "marketing investment," which in corporate language means "we would sell if the price were respectable."
What matters now is whether BYD views Alpine's 2026 power unit homologation slot as an asset or a liability. If BYD intends to enter as a power unit manufacturer—which the 2026 regulations make cheaper than ever, with simplified hybrid systems and cost-capped dyno hours—it would want that slot. If it plans to run as a customer team using another manufacturer's engine, the Viry facility becomes a shutdown cost, not a strategic asset. That decision will determine whether this is a $500 million acquisition or a $200 million one, and whether Horner's first task is managing a technical workforce or dismantling it.
Watch for two things: whether Briatore appears in the Abu Dhabi paddock in two weeks, and whether Horner's Red Bull contract status leaks before Christmas. If both happen, the BYD-Alpine deal is further along than anyone is saying publicly.
The takeaway
BYD-Horner talks would give China's largest EV maker a turnkey F1 entry and solve Renault's half-decade exit problem.
alpinebydhornerbriatorerenaultteam ownership
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