AlphaTauri valuation ‘commercially unviable’ says Rodin’s Dicker ...Middle East

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AlphaTauri valuation ‘commercially unviable’ says Rodin’s Dicker
Rodin Cars founder and prospective F1 entrant David Dicker says the $1 billion valuation put on AlphaTauri by Red Bull is “commercially unviable”. Dicker, whose recent application seeking an entry into F1 in the name of Rodin was rejected by the FIA, has revealed that he held tentative talks with Red Bull over the acquisition of Scuderia AlphaTauri. However, the one billion dollar price tag slapped on the Faenza-based outfit makes little sense in Dicker’s view, the Kiwi calling the team’s value proposition “weak”. “Well, I do have some talks about buying AlphaTauri, but the price is commercially unviable as far as I could understand it,” Dicker told RACER. “You’ve still got to look at these

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