Business · Companies · 2 hrs ago

Dumarey Group agrees to acquire Alpine’s Viry-Châtillon facility

Dumarey Group agrees to acquire Alpine’s Viry-Châtillon facility

Renault has agreed to sell Alpine Racing SAS’s Viry-Châtillon facility to Belgium’s Dumarey Group.

The site is in the southern suburbs of Paris and has been a centre of Renault’s Formula 1 engine work for decades.

Renault ended its in-house F1 engine programme last year, and Alpine is switching to Mercedes engines, putting the facility’s future in doubt.

Dumarey plans to take over the site, its teams and its assets, expanding its work in motorsport and powertrain technology.

The Italian report says about 100 technicians and engineers work there, and that all Alpine Racing SAS employees would transfer to the buyer.

The proposed deal is meant to preserve jobs and engineering expertise, including skills in F1, hybrid and electric propulsion, testing and software.

Employees are being consulted, and the outcome is due to be presented at a later company council meeting.

Alpine’s endurance racing plans also face a deadline: its team must complete the paperwork for a 2027 World Endurance Championship Hypercar entry by 25 November.

3 sources

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What people are saying

Axel PlasseVP Alpine Tech
This transaction represents a strong and coherent opportunity to secure and further develop the expertise of the Viry-Châtillon site. It opens up new prospects for employees and for the engineering business. This development is a recognition of the site’s longstanding motorsport expertise, particularly in Formula 1.
via Motorsport.com
Dumarey GroupCompany statement
The operation would create the most favourable conditions to ensure the long-term sustainability of Alpine Racing SAS’s activities and knowledge base, while preserving employment.
via Il Sole 24 Ore
Guido DumareyChairman and founder of Dumarey Group
We see considerable potential in combining its highly skilled teams and technical capabilities with Dumarey’s entrepreneurial culture and the diversification of our industrial presence.
via Il Sole 24 Ore