Alpine endure expenses of £500 000 in Oscar Piastri saga - Reports × Follow Us Create Notifications New User posted their first comment this is comment text Link Approve Reject & ban Delete Log in Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin Wiki Edits Taxonomy Home Edit Site Menu Mapping Dashboard Tag Pages Community Social Feed Queue Feed Center Notification Center Affiliate Home Manage Pages Bottom Tagline Dash Timeless Stories Logout Formula 1 Dutch Grand Prix News

Alpine endure expenses of £500 000 in Oscar Piastri saga - Reports

By Charanjot Singh Modified 04 Sep 2022 Follow Us Comment Share Alpine are set to suffer a significant financial hit from the Oscar Piastri saga. Alpine are reportedly set to lose significant sum of money for the Oscar Piastri saga. Here's how the month-long saga unfolded: On August 1 - the day after the Hungarian GP - Aston Martin announced that Fernando Alonso would replace the retiring Sebastian Vettel next season. So Alpine - who were in talks with Alonso for an extension - had to scurry for a new driver. A day later, they announced that Piastri - their reserve driver - would drive for them next season. However, only a few hours later, the Australian tweeted that it was a unilateral decision taken by the team, and he wouldn't drive for them next year. Ahead of the Belgian GP last weekend (August 24), McLaren announced parting ways with Daniel Ricciardo at the end of the season. Reports of Piastri replacing his compatriot and a contract signed with the Australian began to do the rounds. The CRB met on August 29 to decide whether Alpine or McLaren had a valid contract with Piastri. Three days later - just ahead of Free Practice at the Dutch GP - they ruled that it was McLaren who had a valid two-year contract with the reigning F2 champion. After the ruling, McLaren announced Piastri as their driver for the next two seasons. McLaren boss Zak Brown said: “Oscar is one of the up-and-coming talents coming through the feeder series into F1, and we are delighted to see him join the team for 2023. Winning both F3 and F2 in successive rookie seasons is a real achievement and testament to his talent in single-seater racing." He added: "In Lando and Oscar, we have a young, exciting F1 line-up with a huge amount of potential, standing us in good stead to achieve our future ambitions. Oscar is an exciting addition to the McLaren family, and we look forward to seeing him grow with our F1 team.” Oscar Piastri was also excited about the new development, saying that he's looking forward to partnering Lando Norris next season: “I’m extremely excited to be making my F1 debut with such a prestigious team as McLaren, and I’m very grateful for the opportunity that’s been offered to me. The team has a long tradition of giving young talent a chance, and I’m looking forward to working hard alongside Lando to push the team towards the front of the grid. I’m focused on preparing for my F1 debut in 2023 and starting my F1 career in papaya.” As per Fritz-Dieter Rencken, Alpine are set to be poorer by almost £500,000 for the Piastri episode, which has also brought them a lot of infamy. Fritz-Dieter Rencken@RacingLinesThe low down on @AlpineF1Team Piastri costs order:1178113The low down on @AlpineF1Team Piastri costs order: https://t.co/o5ZYrruDd1

Alpine reacts to CRB decision deems matter closed

Alpine released a statement on the CRB decision, saying they respect the decision and consider the matter 'closed'. Their immediate focus would be on the ongoing Dutch GP before they announce their driver lineup for next season in 'due course'. BWT Alpine F1 Team@AlpineF1Team??? ?????? ?? ???? ?????????

BWT Alpine F1 Team thanks the Contract Recognition Board (CRB) for convening on Monday and we acknowledge the decision they have made.

(1/2)7488251??? ?????? ?? ???? ?????????BWT Alpine F1 Team thanks the Contract Recognition Board (CRB) for convening on Monday and we acknowledge the decision they have made.(1/2) The statement said: "BWT Alpine F1 Team thanks the Contract Recognition Board (CRB) for convening on Monday, and we acknowledge the decision they have made. We consider the matter closed on our side and will announce our full 2023 driver line-up in due course. Our immediate focus is the Dutch Grand Prix and securing points in our fight for fourth in the Constructors’ Championship." Alpine are in an intense battle for P4 against McLaren. What's your favorite race of the 2022 season so far? Tell us in the comments below.. Poll : 0 votes Quick Links More from Sportskeeda Edited by Bhargav × Feedback Thank You! Be the first one to comment Follow Us Share Show More Comments GIF Comment in moderation 0 0 Reply x Edit Delete Delete the comment? No thanks Delete GIF Cancel Update GIF Cancel Reply ❮ ❯ GIF Comment in moderation 0 0 Reply x Edit Delete Delete the comment? No thanks Delete GIF Cancel Update GIF Cancel Reply ❮ ❯ Be the first one to comment on this story More from Sportskeeda Fetching more content... 1 Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin Wiki Edits Taxonomy Home Edit Site Menu Mapping Dashboard Tag Pages Community Social Feed Queue Feed Center Notification Center Affiliate Home Manage Pages Bottom Tagline Dash Timeless Stories Logout No Results Found Get the free App now Manage notifications Popular ‍ Sports (30+) CricketCricket HomeScheduleT20 World CupT20 warm upIND vs SAENG vs PAKAUS vs ENGLegends LeagueECS T10 CroatiaWBBL 2022ECC T10SMAT 2022Bukhatir LeagueNZ T20 Tri-SeriesWomen's Asia Cup 2022ECT10 FootballFootball HomeNewslettersSK Experts ScheduleEPLNations LeagueLa LigaLigue 1Champions LeagueFIFA WCMLS Bundesliga Serie A WWEWWE HomeNewslettersRumor RoundupRAWSmackDownResultsRosterChampionsWWE Crown Jewel 2022PPV ScheduleAEW EsportsEsports HomeMinecraftOverwatch 2RobloxGenshin ImpactFortniteGTAStreamersFree FirePUBGValorantBGMIPop CultureAnimeGaming TechWiki Guides TennisTennis HomeTennis calendarTennis Results TodayATP RankingsWTA RankingsRoger FedererRafael NadalNovak DjokovicSerena Williams MMAMMA HomeUFC NewsONE ChampionshipUFC Fight NightScheduleRankingsResultsUFC Fights TonightONE Championship ResultsONE Championship ScheduleONE Championship Rankings KabaddiKabaddi HomePKL 2022PKL SchedulePKL Points TableKabaddi Rules WikiWiki HomeMinecraft WikiNaruto WikiTikTok WikiYoutube WikiGTA WikiTerraria WikiOne Piece Wiki MoreSportsBasketballIndian FootballNFLMinecraftFormula 1NascarPop CultureCollege FootballHockeyGolfAthleticsBadmintonGymnasticsWrestlingSwimmingTennisShootingBoxingArcheryWinter SportsRobloxFree PicksSkateboardingKho KhoLifestyle LINKS About Us Write For Us Policies Editorial Standards Journalism Awards Fact Check Affiliate Program Careers CSR Privacy Policy Contact Us Edition: English हिन्दी