“Our decision to continue together for 2026 is a clear indication of our commitment and strong support for Franco as he develops as a race driver.
“It has been a tough year for the whole team, and it hasn’t been the easiest scenario to perform in, however both Franco and Pierre have done their best to help put the team in the best possible position for next season.”
Colapinto said: “I am very grateful to Flavio and the entire team for their belief in me to help drive the team forwards in the future.”
He started the season as Alpine reserve but was promoted into a race seat in place of Australian Jack Doohan after six races.
Funding from Latin American sponsors was influential in the decision.
Colapinto has failed to score any points so far, while Gasly has 20.
Alpine, who are last in the constructors’ championship, have been through turmoil in the past few years with several changes of management.
Briatore, who led the team to championship success as Benetton in the 1990s and Renault in the 2000s, was brought in midway through last season in an attempt to turn around their fortunes.
Parent company Renault is abandoning its in-house engine programme next season and the team will use Mercedes customer engines.
The hope is that the new chassis and engine regulations being introduced into F1 in 2026 will mark a new start for the team.
