Report: Otro Capital in talks for 20 percent Miami GP stake

Otro Capital is reportedly in advanced negotiations to acquire a 20 percent stake in the Miami Grand Prix from Stephen Ross, who is also the owner of the Miami Dolphins. The discussions are focused solely on the race and do not involve Ross's other assets, including the Dolphins and Hard Rock Stadium.

The potential investment would strengthen Otro Capital's connection to Formula 1, as they are already investors in the Alpine Racing team. While the valuation and terms of the sale have not been disclosed, the deal remains under discussion and has not yet been completed.