News Details
INEOS takes one-third stake in Mercedes F1 team
Mercedes has announced that INEOS will become a one third shareholder in the team, which will be owned in three equal parts by Daimler AG, INEOS and Toto Wolff. The INEOS one-third stake in the team will be in addition to its existing role as principal partner. In parallel, Daimler will reduce its current 60% shareholding and Toto Wolff increase his current 30%, in order to create three equal partners in the company. Since the Mercedes-Benz works team returned to F1 in 2010, continuous strategic investment, sporting commitment and commercial growth have built the organisation into a leader in world sport with an unprecedented seven consecutive double world championships since 2014.+...
Full Story »
Full Story »
5y ago from Pitpass.com
0
You May Also Be Interested In...
INEOS purchase a third shareholding in Mercedes AMG
Mercedes AMG F1 team's ownership will now be split three ways, as INEOS...
5y ago from FormulaSpy.com
Red Bull-Owned Publication Claims Sergio Perez Will...
Red Bull will announce Sergio Perez as Alex Albon’s replacement for the...
5y ago from Formula1News.co.uk
Ineos buys one third of Mercedes F1 team, Wolff to...
British chemical company Ineos has acquired one third of the shares in...
5y ago from espnF1.com
Red Bull owned site reports Albon out, Perez in for...
Red Bull owned German-language motorsport news portal Speedweek is...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin: Arlington “instantly my most...
No description available...
6h ago from Motorsport.com
IndyCar drivers praise Fast Six qualifying format...
No description available...
8h ago from Motorsport.com
McLaughlin sets the early pace in IndyCar’s first...
The NTT IndyCar Series took to the track on a brand new street course...
7h ago from MotorsportWeek.c...
Pato O'Ward on the 'red flag' that has prevented an...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Why 'you would be faster with...
No description available...
11h ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg hangs on to...
No description available...
13h ago from Motorsport.com
Solberg clings on to Safari Rally lead as Ogier hunts...
Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
12h ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Fabian Hurzeler reveals text message he sent Arteta...
Brighton & Hove Albion manager Fabian Hurzeler has revealed that he texted...
6h ago from SportsKeeda.com
Report: London outfit have a deal in place with...
Arsenal midfielder Dan Casey is all set to complete a move to Fulham....
8h ago from CaughtOffside.com
Arsenal & Chelsea in 'very serious' talks to sign...
Atletico Madrid striker Julian Alvarez has been linked with a move away...
9h ago from CaughtOffside.com
Arsenal preparing ‘formal offer' for 48-goal...
Arsenal are very interested in signing Leon Goretzka at the end of the...
8h ago from CaughtOffside.com
Comments
Hottest News
F1 2026 Chinese Grand Prix – Sprint Race Results
George Russell took victory in the Formula 1... Read More »
1h ago from MotorsportWeek.com
Chinese Grand Prix - Sprint Race results
Full results from the Sprint race for the Chinese... Read More »
1h ago from F1i.com
Russell wins eventful Chinese GP sprint race
Mercedes' George Russell wins the sprint race at... Read More »
1h ago from BBC.co.uk
