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Alpine slammed for being ‘preposterous' and ‘ridiculous'
Former Formula 1 team owner Eddie Jordan has expressed scepticism regarding the substantial valuation of the Renault-owned Formula 1 outfit, Alpine. Reports surfaced recently about a buyout involving Hollywood actors and investment companies, resulting in a 24% acquisition of the Enstone-based team, which values Alpine at nearly a billion dollars. In an interview with GB News, Jordan shared his disbelief, stating: 'I don't believe it. First of all, I won't use the word fake news, but there's absolutely no way from an accounting point of view. “The financial model doesn't stack up. It's preposterous. It's ridiculous.' Want to work in Formula 1? Browse the latest F1 job...
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2y ago from Formula1News.co.uk
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