Alpine’s Net Worth and Formula One’s Commercial Growth
In 2024, every Formula One team is valued at over US$1 billion, with the average valuation reaching US$2.31 billion, according to Sportico’s latest rankings. This marks a significant milestone in the sport’s commercial development, highlighting the increasing financial strength of the teams. While some teams are enjoying substantial growth in their market value, Alpine stands out with its own noteworthy financial standing.
Alpine’s Valuation and Market Position
Despite being a full-works manufacturer, Alpine’s valuation of US$1.5 billion places it in the lower half of the Formula One team rankings. This position reflects both the team’s performance and commercial standing compared to its competitors. Alpine, unlike the higher-valued teams such as Ferrari and Mercedes, remains in the mid-tier in terms of financial worth, but its role as a manufacturer still positions it as an important player in the sport. While the valuation is substantial, it reflects the challenges Alpine faces in catching up to the bigger teams, especially in terms of both on-track performance and commercial growth.
Comparison with Other Teams
Alpine’s valuation is considerably lower than that of the top three teams: Ferrari, worth US$4.78 billion, Mercedes, valued at US$3.94 billion, and Red Bull, which stands at US$3.5 billion. McLaren and Aston Martin follow at US$2.65 billion and US$2.07 billion, respectively. The disparity in valuations shows the competitive gap between Alpine and the sport’s giants. Aston Martin’s September investment, which valued the team at between UK£1.5 billion (US$2 billion) and UK£2 billion (US$2.6 billion), was a significant move that helped boost its value, a contrast to Alpine’s more modest financial growth.
Alpine’s Position in the Larger terrain
While Alpine’s valuation places it behind the top teams, it is still among the more valuable outfits in Formula One. As the sport continues to thrive commercially, Alpine will likely benefit from the broader financial stability and growth brought about by the budget cap. This financial cap has played a crucial role in leveling the playing field, providing teams like Alpine with the opportunity to grow sustainably, even as they work towards enhancing their performance on the track.
Formula One’s general Growth
In 2023, the average revenue of the teams totaled US$376.2 million, and most teams generated operating profits. Alpine’s place within this ecosystem suggests that, while its net worth lags behind the sport’s front-runners, it remains a significant entity within Formula One’s growing commercial terrain.
