• Loading stock data...
Wednesday, October 29, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

RedBird Nears Deal To Buy Into Alpine Formula 1 Team

  • Deal would expand sports empire of New York-based private investment firm
  • F1 continues to experience historic surge in fan interest
Jerome Miron-USA TODAY Sports

Already a partner in Fenway Sports Group, several European soccer teams, and the XFL, RedBird Capital Partners is reportedly nearing a deal to expand its sports empire even further.

The New York-based private investment firm is in talks with Renault SA for a minority investment in Renault’s Alpine Formula 1 team, according to Bloomberg.

The deal would see RedBird acquire a minority stake in Alpine’s U.K. operations and aid in key revenue-generating activities, such as media rights and sponsorship sales, during a boom period for F1.

Financial terms of the potential agreement were not disclosed, but F1 CEO Stefano Domenicali said last week that F1 team owners have been turning down investment and buyout offers worth “almost billions.”

An enforced scarcity is a key element of the investor interest. F1 has remained at 10 teams despite the property’s ongoing growth.

Beginning with the hit Netflix series “Drive to Survive,” F1’s fan interest continues to surge, especially in the U.S. The highly anticipated Las Vegas Grand Prix will debut this fall and media rights in the U.S. have expanded as it has experienced historic television ratings for the Miami and Monaco GPs.

RedBird manages more than $8.6 billion in assets, and through its FSG equity has ownership stakes in the Boston Red Sox, Liverpool FC, and Pittsburgh Penguins. It also led a $1.3 billion acquisition last year of Italy’s AC Milan and owns France’s Toulouse FC. 

The XFL, however, recently eliminated an undisclosed number of full-time positions amid cost-cutting efforts.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Oct 25, 2025; Martinsville, Virginia, USA; NASCAR Cup Series driver Kyle Busch (8) before NASCAR Cup Series Xfinity 500 Practice and Qualifying at Martinsville Speedway.

NASCAR Star Kyle Busch Sues Pacific Life Over $8.5M Insurance Scam

Busch says he lost $8.58 million from Pacific Life.

The $80 Million F1 ‘Crashgate’ Case Heads to Court

Massa placed second to Lewis Hamilton in the 2008 drivers’ championship.
Verstappen

ESPN’s Final F1 Season Is Turning Into A Thriller 

F1 is averaging 1.4 million viewers on ESPN networks this year.
IndyCar driver Andretti Global's Kyle Kirkwood, left, celebrates winning the Detroit Grand Prix with team co-owner Dan Towriss in Detroit on Sunday, June 1, 2025.

Cadillac F1 CEO Dan Towriss Defends  $700 Million Apple Deal

“We’re going to have a bigger reach than what people think.”

Featured Today

September 21, 2025; Santa Clara, California, USA; NFL commissioner Roger Goodell before the game between the San Francisco 49ers and the Arizona Cardinals at Levi's Stadium

NFL Fall Meeting: 7 Big Topics Among Team Owners 

Media, facilities, and labor highlight some of the key areas of concern.
Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
October 25, 2025

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
Louisville’s Miller Moss and several of his teammates stopped by Olympus Gaming Lounge to play EA Sports College Football 26 with fans for a meet and greet. July 11, 2025

Saudis, Silver Lake, Jared Kushner Take EA Private in $55B Deal

Electronic Arts makes “Madden,” “EA Sports College Football,” and more.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
Sponsored

Why Alexis Ohanian Is Betting Big on Women’s Sports

Alexis Ohanian reflects on his evolution from Reddit cofounder to one of today’s most dynamic sports investors.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.