Renault sees shares plummet: Does this affect Alpine in Formula 1?

Last Tuesday, it was announced that sales figures for June were disappointing. For this reason, lower profits are expected, dropping from seven per cent to 6.5 per cent.

This led to a massive drop in Renault shares. When the stock market opened on Wednesday morning, the share was worth almost 16 per cent less than when it closed on Tuesday. On Tuesday evening, the share was still at €41.27, but on Wednesday, it opened at €34.65. When the market closed on Thursday, the share was only worth €33.40.

It is currently unknown whether the Renault share price drop will also impact the Alpine Formula 1 team. The team's umbrella organisation is Renault. In addition, the French company will also supply the team's engines in 2025. Mercedes will take on this role starting in 2026.

In Formula 1, Alpine are not doing well this season, currently sitting bottom of the constructors' championship. Pierre Gasly has scored 19 points for the team, while Jack Doohan and Franco Colapinto have not finished in the top ten so far and therefore have tallied no points.

For 2026, there is more confidence within the team. Earlier this season, Gasly responded to a question from GPblog, believing that Alpine could be fighting right at the front of the grid next season. The Frenchman is therefore fully confident that his team has what it takes to compete for a potential world championship when the regulations change.