Sports
Red Bull Rejects Astonishing Billion-Dollar Bid for Racing Bulls F1 Team
July 20, 2026
Source: Yahoo Sports · Read on source site
Red Bull has officially shut the door on what would have been one of the most lucrative team acquisitions in modern Formula 1 history. According to a new report from The Times, the energy drinks giant has rejected a staggering $3 billion bid for its sister squad, the Racing Bulls.
>The monumental offer was reportedly backed by highly capitalized Abu Dhabi-based investment funds and spearheaded by two notable figures in the F1 financial sphere: financier Andrew Harriott and Dean Attew.
>Attew’s involvement adds serious historical weight to the bid. A former investigator and adviser to former F1 supremo Bernie Ecclestone, Attew is no stranger to navigating massive motorsport acquisitions. Prior to Liberty Media purchasing Formula 1 in 2016, Attew was famously lined up to lead a consortium bid to buy the entire F1 Group from private equity firm CVC Capital.
The Exploding F1 Valuation MarketWhile a $3 billion price tag for a midfield sister team sounds almost incomprehensible on paper, it perfectly illustrates the astronomical explosion of F1 franchise valuations over the last few years.
>To put that massive figure into perspective, when a consortium led by Otro Capital purchased a 24 percent stake in the factory Alpine team back in 2023, the deal valued the entire French squad at roughly $900 million.
>Today, paddock insiders estimate that Alpine’s total valuation sits near that exact same $3 billion mark.
>For Red Bull to turn down that much liquid capital for a secondary team—a team they originally purchased from Minardi decades ago simply to serve as a junior driver pipeline—proves that the parent company still sees massive long-term financial and strategic upside in keeping the Racing Bulls firmly under their corporate umbrella.
>The rejection ensures that Red Bull will continue to operate its powerful two-team dynamic as the sport navigates the highly unpredictable early days of the new 2026 engine regulations.
