Alpine

Mercedes is bidding for a 24% stake in Formula 1 competitor Alpine, but the deal may be blocked by the FIA due to potential multi-team ownership rule changes.

Summary of transaction details:

• Value: Not disclosed
• Sector: Industrials & Energy
• Advisor: Not disclosed
• Key Entities: Mercedes, Alpine, FIA
• Location: Not disclosed

Note: The potential acquisition highlights the complex landscape of Formula 1 team ownership and the FIA's efforts to maintain a level playing field, with the FIA's consideration of banning multi-team ownership having significant implications for the sport.