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
MotoGP Sepang test: Honda leads rain-hit Day 2 as...
No description available...
38m ago from Motorsport.com
Yamaha halts Sepang MotoGP running while investigating...
No description available...
3h ago from Motorsport.com
MotoGP Sepang test: Marc Marquez tops Day 1 as Fabio...
No description available...
1d ago from Motorsport.com
Jorge Martin explains post-season surgeries: 'I...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher adjusting to life in IndyCar as maiden...
No description available...
14h ago from Motorsport.com
Reigning IndyCar champion Alex Palou gets new livery...
Chip Ganassi Racing has revealed a new livery for the #10 entry ahead of...
17h ago from MotorsportWeek.c...
IndyCar legend Dario Franchitti to race NASCAR Truck...
No description available...
18h ago from Motorsport.com
IndyCar, Monumental Sports & Entertainment partner for...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
22h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Newcastle United set price for Arsenal and Chelsea to...
Newcastle United are preparing for a potentially intense summer transfer...
58m ago from CaughtOffside.com
Arsenal star Martin Zubimendi provides honest response...
Arsenal star Martin Zubimendi has opened up about his links to Real...
1h ago from SportsKeeda.com
'Might actually be at the bottom of the pile right...
N pundit Steve Nicole has urged Mikel Arteta to drop Viktor Gyokeres from...
1h ago from SportsKeeda.com
Arsenal 1-0 Chelsea: Havertz's late dagger exposes a...
Match report – Player ratings – Arteta reaction – Video...
3h ago from Arseblog.com
Comments
Hottest News
Christian Horner responds to ‘cheating’ accusation in...
Christian Horner has had his say on the ongoing... Read More »
48m ago from RacingNews365.com
Lewis Hamilton loses more key Ferrari staff just weeks...
Lewis Hamilton's team has undergone a reshuffle... Read More »
48m ago from GPFans.com
Vowles confident Williams won’t start F1 season ‘on the...
Williams may have missed the first public glimpse... Read More »
48m ago from F1i.com
