Oxfordshire Formula 1 team Alpine has turned a profit in 2025 after a loss the year before, new accounts show.
The Enstone-based team, which employs almost 1,000 people, has announced its financial results, showing a significant change in its financial health.
Alpine has reported a turnover of £287.6m for the financial year ending December 31, 2025.
This is an increase of £49.1m from the previous year, with the majority of the income coming from sponsorship deals and prize money.
The profit after tax for the latest financial year was £8m, a notable turnaround from the £14.6m loss in 2024.
Commercial revenues saw a 29.5 per cent year-on-year improvement, mainly due to new sponsorships.
Prize money remained stable thanks to consistent performance in the Formula 1 Constructor’s Championship, where the team finished sixth in both 2023 and 2024.
However, the team finished lower in the rankings in 2025, coming in 10th – the bottom of the pack with 22 points to ninth place Sauber on 70 points.
Prize money for the financial year 2025 is accounted for by the results and finishing position in the Constructor’s Championship the previous year.
The operating profit for the year was £16.5m, a substantial improvement from the operating loss of £10.2m in 2024.
However, the increased operating costs, up 9.4 per cent, were due to additional development expenditure ahead of regulation changes for the 2026 season and costs to support the increased commercial deals.
The company’s investment in fixed assets continues to be healthy, with £35m spent on intangible and tangible asset additions for the year.
This includes a new state-of-the-art simulator at its headquarters.
Jeremy Clarkson delivers Hawkstone to Alpine F1 team (Image: TandP group)
Despite the improved financial performance, the directors have decided against the payment of a dividend, offsetting the profit for the year against the opening deficit on the profit and loss account.
In 2025, the team made changes to its senior personnel, with Steve Nielsen joining as managing director.
He manages day-to-day operations at the team’s base at Enstone alongside Flavio Briatore, who remains as executive adviser and de facto team principal.
Alpine continues to be supported by its majority shareholder, Renault Group, in its Formula 1 racing activities.
The group’s newly-appointed chief executive officer in 2025, François Provost, has reaffirmed the team’s long-term commitment to the sport and is seeing a sustained recovery of performance on track.
Jeremy Clarkson delivers Hawkstone to Alpine F1 team (Image: TandP group)
The team has also expanded its partnership portfolio in 2025, welcoming new commercial and premium partners including Eni and MSC Cruises, as well as AtkinsRealis, Avature, SEALSQ, Cato Networks, and Oakberry.
Jeremy Clarkson has also frequently backed Alpine due to its close proximity to Chipping Norton and Diddly Squat farm.
He has made regular appearances at the team’s factory and at races, and previously gave employees a free beer when a podium was scored.
