Alpine has entered this season with a new combination of drivers in form of Fernando Alonso and Esteban Ocon. They did get quite some points throughout the season, but they couldn’t finish on the podium even once, with a drastic amount of unfinished races for their star driver, Fernando Alonso.
Renault was later rebranded as Alpine in 2021, and the duo of Esteban Ocon and Fernando Alonso joined them in this new endeavor. They had a good season in 2021, but in 2022 they couldn’t replicate the same results, not even managing a podium finish. In spite of that, Alpine managed to profit a huge amount out of their previous season.
Alpine reveals $31.6 million in profit for 2022 amidst podium drought
They finished 4th last season as Esteban Ocon scored 92 and Fernando Alonso managed to grab 81 points last season. Alpine turnover had a 23.6% increase to 249 million euros or $300.34 million after last year.
If we talk about the factors contributing to these profits, they can be attributed to their partnership deal with sponsors BWT, the reason behind their pink livery and also to the fact that they ended up in 4th position last year in constructor standings.
They also had a profit in operating costs of 35.6 million euros, roughly equal to $42.96 million. This was after including an increased workforce in Alpine from 820 to 870 employees.
Did Alpine replace Renault in F1
F1 teams are no strangers to replacements or name changes, as every season we find various teams undergoing significant changes in their names, liveries or the entire team itself sometimes. Renault F1 had been racing the premier class of motorsports until 2020, with Daniel Ricciardo and Nico Hulkenburg as part of their crew. However, in 2021 season they got rebranded as Alpine and introduced themselves to the grid with Esteban Ocon and Fernando Alonso.
This was similar to another one of the teams getting rebranded under supervision of Lawrence Stroll: the BWT Racing Point team was turned into Aston Martin Cognizant F1 team from the year 2021 onwards.
Renault is still the ultimate owner of Alpine and it states that Renault Group wants to support their dedication to Formula 1, fueling it with a desire for more championship titles. Renault has won F1 championship twice in 2005 and 2006, under the mastery of Fernando Alonso.
What do you think about Alpine’s current season? Will they be able to prove themselves better in the midfield or do they need a radical change before they can challenge F1 teams again?
