Otro Capital Negotiates Miami Grand Prix Stake
Investment firm Otro Capital is in advanced talks to acquire a 20 percent stake in the Miami Grand Prix.
Updated on Sept. 24, 2026 in Motorsports
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Otro Capital has entered discussions to purchase a 20 percent interest in the Miami Grand Prix from owner Stephen Ross. The potential deal would exclude other assets, including Hard Rock Stadium and the Miami Dolphins.
Why it matters
This investment would mark a significant expansion of Otro Capital's reach into motorsports following their prior acquisition of an Alpine Racing stake. It reflects a continuing trend of private equity firms seeking minority interest stakes in major professional sports properties.
Otro Capital is currently in talks for a 20 percent stake in the Miami Grand Prix. This follows their 2023 acquisition of a 24 percent stake in Alpine Racing.
The players
Stephen Ross
He is the owner of the Miami Grand Prix and a prominent figure in sports investment.
Otro Capital
This is an investment firm that has previously secured a minority stake in Alpine Racing.
The details
Stephen Ross, who remains the owner of the event, is currently managing these negotiations. The proposed transaction is restricted to the Grand Prix itself and does not include the Miami Dolphins or the surrounding Hard Rock Stadium facility.
Timeline
2023: Otro Capital acquired a 24 percent stake in Alpine Racing.
2024: Stephen Ross sold minority interests in a wider package of sports assets.
September 2026: Reports emerged regarding the ongoing stake sale talks.
Season Trajectory
This deal follows the established pattern of the private equity investment trend in professional sports assets. The acquisition of a significant minority stake would mark a shift in the ownership structure of a premier motorsports event.
The proposed deal does not include Hard Rock Stadium, meaning current venue operations and fan access for the event remain unaffected by these negotiations. The absence of a finalized agreement means the governance structure of the Grand Prix remains unchanged for the immediate future.
The takeaway
Investment interest from firms like Otro Capital highlights the growing commercial value of high-profile racing events. Fans should monitor future announcements for potential changes in the long-term management or financial backing of the Miami race.
Further reading
For more on industry developments in this sector, visit Motorsports.
Source note: This article includes information reported by Grandprix.
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