Home

F1

$218,000,000 Gamble Starts to Pay Dividends as Pierre Gasly & Esteban Ocon Steady Alpine’s Topsy Turvy Ship

Published 08/28/2023, 4:00 AM EDT

Follow Us

via Reuters

The whirlwind of change, speculation, and investment that swirled around the Alpine F1 Team in June 2023 is finally settling. But as the dust settles, it’s evident that the $218 million gamble is beginning to show promise. As of a few weeks ago, Laurent Rossi, the team’s head, hadn’t shied away from expressing his concerns over the team’s lackluster performance. And today, Alpine stands 6th in the Constructors championship with Pierre Gasly bagging a P3 in Sunday’s race.

This discontent drew attention to the team, heralding the entry of three major investment entities: Otro Capital, RedBird Capital Partners, and Maximum Efforts. Their massive combined investment not only bought them a 24% stake in the Alpine team but also initiated a wind of change that could potentially see Mattia Binotto as the new team principal. All these shifts are in line with Luca de Meo’s dream for the team–a vision of resurgence, rejuvenation, and ultimately, racing success.

ADVERTISEMENT

Article continues below this ad

However, it’s not just in the boardroom where changes are being felt. On the track, the team’s drivers, Pierre Gasly and Esteban Ocon, have begun turning the tides, guiding the Alpine ship through rough seas with newfound steadiness. Their recent performances, punctuated by consistent point finishes and podium placements, are evidence of the evolving dynamics within the team.

As per a tweet by the Twitter account @PG10_FanactuFr, Bruno Famin, the Team Principal of Alpine, couldn’t hide his elation. “Pierre and Esteban are both getting into the points and with a podium. It’s really nice to see the evolution of the mentality of the team,” he remarked. The delight, however, isn’t solely pegged to the outcomes on the track. Famin expressed immense satisfaction with the overall team effort. He lauded everyone from strategists to the drivers for their impeccable focus and execution, particularly during challenging rain-soaked races.

Yet, for all its forward momentum, Famin acknowledges the journey is far from over. “Now there are still a lot of things to do; there are lots of little details to improve,” he said. “We have to keep that spirit, but we will be able to build on that for the future.”

In a sport where gambles are made every race weekend, Alpine’s $218 million wager appears to be one that’s on track to yield significant dividends. The early indicators suggest a bright future for the team, with its rejuvenated spirit, fresh leadership, and a reinvigorated driver duo at the helm.

Pierre Gasly’s journey from the midfield to a podium finish at the Dutch GP

The Dutch Grand Prix at Zandvoort was painted with drama, surprises, and the exhilaration of rain. But amidst this chaotic canvas, one man managed to carve a path of excellence–Pierre Gasly. From starting 12th on the grid to stepping onto the podium, Gasly’s performance was the embodiment of resilience and strategic mastery.

ADVERTISEMENT

Article continues below this ad

via Reuters

Gasly made an early gamble switching to intermediate tyres as rain touched down on the circuit. This decision was a masterstroke, propelling him up the order to mingle with the race leaders. Though he initially took the checkered flag in fourth, fortune swung in Gasly’s favor. Sergio Perez’s penalty for pit lane speeding advanced the Alpine driver to third. This achievement seems sweeter, given the tumultuous times Alpine has faced recently. The exit of key figures like Team Principal Otmar Szafnauer and Sporting Director Alan Permane post the Belgian Grand Prix, compounded by the imminent departure of Chief Technical Officer Pat Fry to Williams, put the team in seemingly turbulent waters.

Trending

Get instantly notified of the hottest F1 stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

Watch This Story | Biggest Scandals in F1 History

ADVERTISEMENT

Article continues below this ad

The Frenchman’s performance was not just a reflection of his growth as a driver. It also resonated with Alpine’s fighting spirit, particularly after a challenging phase. Post-Zandvoort, Alpine finds itself comfortably in sixth in the constructors’ standings. As for Gasly, he’s risen to the 10th spot in the drivers’ championship, narrowly edging out teammate Ocon.

 

SHARE THIS ARTICLE :

Written by:

Pulkit Jai

427Articles

One take at a time

Pulkit is an F1 writer at EssentiallySports. With a strong academic background in engineering, he possesses an in-depth understanding of the intricate mechanics and technology driving Formula 1 racing. This expertise allows him to offer insightful analysis, exploring the technical aspects of the sport and shedding light on the innovative advancements that shape the world of F1.
Show More>

Edited by:

Akash Pandhare