Horner considering purchasing team shares - Albers

Horner considering purchasing team shares - Albers

      "I had a very enjoyable conversation with him."

      Christian Horner is currently considering the option of investing in a Formula 1 team, as revealed by former F1 driver Christijan Albers, who mentioned he recently spoke about this directly with the ex-Red Bull team principal.

      In an interview with Dutch newspaper De Telegraaf, Albers shared that Horner brought up the topic during a recent meeting in Paris, where he was attending an FIA event.

      "He mentioned that he has sufficient investors backing him to explore the possibility," Albers said. "However, only a few teams are open to selling. The share values have surged significantly, causing many teams to retain their stakes. The conclusion is that the values may continue to increase."

      Albers pointed out that even teams at the tail end of the grid are now having much higher valuations, using Alpine as an example.

      "Even Alpine, last year’s least successful team, has seen a considerable rise in share value in recent times," he observed.

      Although there has been speculation about Horner being most closely associated with Alpine, Albers refrained from confirming which team might be involved, emphasizing that much of their discussion was confidential.

      "Ladies and gentlemen, I can’t disclose everything," he warned. "Everything we discuss here gets translated and sent to England, and it may seem like I'm trying to undermine someone, which is not the case. I had a very pleasant conversation with him."

      Albers confirmed that they spent approximately an hour talking, including topics about Horner's exit from Red Bull and the overall condition of the sport.

      "He approached me," Albers remarked. "We discussed his departure, his perspective on it, and my thoughts as well. He is uncertain if the team is in a better position now. I also mentioned that at some point, a situation can become unsustainable – and he agreed with that."

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Horner considering purchasing team shares - Albers

Formula 1 | Christian Horner is currently considering the option of investing in a Formula 1 team, as stated by former F1 driver Christijan Albers, who mentions (…)