Business · Oxford
Enstone-based Alpine F1 team returns to profit with £8m surplus
By Swindon Now Editorial Team · Published
The Oxfordshire-based Formula 1 team has announced a significant financial recovery for 2025, moving from a multi-million pound loss to an £8m profit.
The Enstone-based Alpine Formula 1 team has reported a significant improvement in its financial health, turning an £8m profit for the financial year ending 31 December 2025. This result marks a substantial recovery for the Oxfordshire outfit, which had recorded a £14.6m loss the previous year.
New accounts show the team generated a turnover of £287.6m, representing a £49.1m increase on the prior year. Directors have attributed the growth largely to a 29.5 per cent rise in commercial revenue, driven by a series of new sponsorship deals. The team has expanded its partner portfolio to include firms such as Eni, MSC Cruises, and AtkinsRealis.
Despite the improved bottom line, the team’s operating costs also rose by 9.4 per cent. This expenditure reflects a focus on development ahead of regulation changes for the 2026 season, alongside costs associated with managing their increased commercial activity. Investment in infrastructure remains high, with £35m spent on tangible and intangible assets during the year, including the installation of a new state-of-the-art simulator at the Enstone facility.
The team continues to employ almost 1,000 people. Operationally, the business underwent changes in 2025, with Steve Nielsen joining as managing director to oversee day-to-day operations alongside executive adviser Flavio Briatore. Majority shareholder Renault Group has reaffirmed its long-term commitment to the team.
While the team’s financial position has strengthened, its on-track performance in the 2025 Constructor's Championship saw it finish in 10th place. The prize money reflected in these accounts is based on the team's sixth-place finish in the previous year. Directors have decided against a dividend payment for the current year, opting instead to offset the profit against the opening deficit on the profit and loss account.
The team maintains strong local ties, frequently supported by broadcaster and farmer Jeremy Clarkson, whose Diddly Squat farm is located near the team’s Chipping Norton base. Mr Clarkson has made several appearances at the factory and race events in support of the squad.
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