News Details
INEOS purchase a third shareholding in Mercedes AMG
Mercedes AMG F1 team's ownership will now be split three ways, as INEOS have bought an equal share of the team to match the existing shareholders. The Mercedes AMG Formula 1 team will now be owned by three separate parties, as INEOS have come on board as a one third shareholder. The British company became a title sponsor of Mercedes for 2020, with Sir Jim Ratcliffe's company purchasing a third of the team recently. Daimler AG, Merc's parent company, will reduce their shareholding from 60% to 33%, with Toto Wolff increasing his stake from 30% to 33%. Since the Mercedes-Benz works team returned to Formula One in 2010, continuous strategic investment, sporting commitment and commercial growth...
Full Story »
Full Story »
5y ago from FormulaSpy.com
0
You May Also Be Interested In...
Horner about on-board radio Albon: 'With two more laps...
Alexander Albon may have driven his last Grand Prix for Red Bull Racing....
5y ago from GPBlog.com
Horner on-board radio with Albon: "Few more laps...
Alexander Albon may have driven his last Grand Prix for Red Bull Racing....
5y ago from GPBlog.com
McLaren Racing to sell third of company to US-based...
McLaren Racing agrees to sell a third of the company to a group of...
5y ago from BBC.co.uk
Confirmed: McLaren sells shares to American investment...
McLaren have officially sold a large portion of their shares to MSP...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: Yamaha ‘has no idea’ how to fix...
No description available...
1h ago from Motorsport.com
Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...
Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
2h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s United States GP
No description available...
6h ago from Motorsport.com
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas “learned a lot” with tire strategy...
No description available...
54m ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
4h ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
17h ago from Motorsport.com
Graham Rahal ends 42-race podium drought with...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
21h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
4d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
4d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I'm very grateful to them' – Cristhian Mosquera...
Arsenal man Cristhian Mosquera has revealed that he has received guidance...
3h ago from SportsKeeda.com
Arsenal forward’s availability for Champions League...
Arsenal star Noni Madueke's availability is in doubt for the UEFA...
2h ago from SportsKeeda.com
Journalist confirms 'top player' from rival club is...
Arsenal are reportedly interested in signing the Newcastle United defender...
4h ago from CaughtOffside.com
“It made absolutely no sense” - Tuchel makes...
England manager Thomas Tuchel has revealed that Arsenal duo Declan Rice...
3h ago from SportsKeeda.com
Comments
Hottest News
Once F1's youngest charger, whose career never took off
When he popped up in motorsport's junior ranks in... Read More »
1h ago from F1i.com
Ferrari F1 suspect Mercedes skullduggery with new engine...
F1 has always been about more than the action on... Read More »
8h ago from GPFans.com
F1 Penalty Points: Ollie Bearman closest to race ban after...
After a multitude of penalties were handed out to... Read More »
2h ago from GPFans.com
