Christian Horner's hopes of returning to Formula One have suffered a setback after Renault Group CEO Francois Provost stated there are currently “no discussions” with the former Red Bull team principal regarding a potential investment in Alpine.
Horner, 52, was exploring a way back into the paddock following his dismissal from Red Bull after last July's British Grand Prix. He was among a group of investors interested in acquiring Otro Capital's 24% stake in Alpine, with Renault Group owning the remaining 76%.
Provost told the Press Association: “There is no discussion today with Christian. We are assessing the options. I want the Renault Group to keep the control of our team, whoever could be the successor of Otro.” He added that Renault intends to retain control of the Enstone-based team.
Horner, who oversaw eight drivers' and six constructors' titles at Red Bull, has described his desire to return as “unfinished business”. He has also been linked with Aston Martin and a potential 12th team backed by Chinese car manufacturer BYD.
Alpine, which finished bottom of the constructors' championship last season but currently sits fifth, will be rebranded as Gucci Racing Alpine Formula One Team from next season following a partnership with the Italian fashion house. Provost described the deal as “unique and historic”.
