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
Francesco Bagnaia signals factory-team priority as...
No description available...
19h ago from Motorsport.com
MotoGP Sepang test: Alex Marquez fastest on final day...
No description available...
23h ago from Motorsport.com
Alex Marquez edges Francesco Bagnaia and Marc Marquez...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren officially opens doors to new home in...
No description available...
11h ago from Motorsport.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
17h ago from Motorsport.com
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
17h ago from MotorsportWeek.c...
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
16h ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
2d 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
Popular On GunnersToday.com
Expert explains why Arsenal transfer fell through but...
Bayern Munich midfielder Leon Goretzka feels his style of play would be...
1h ago from CaughtOffside.com
Rain and other stuff
Morning. It is day 143 of the rains. Although barely a month of the new...
2h ago from Arseblog.com
“I was looking for Gabriel Magalhaes in return” -...
St Mirren Stephen Robinson has joked that he wanted to sign Gabriel...
1h ago from SportsKeeda.com
Talks planned to settle future of Manchester United...
Manchester United and Arsenal could reportedly be set to miss out on the...
3h ago from CaughtOffside.com
Comments
Hottest News
Mercedes have extra 'advantage' thanks to their rivals...
Mercedes have an extra 'advantage' ahead of their... Read More »
52m ago from GPFans.com
Pepe Martí discusses 'baptism of fire' after latest...
Three races into his rookie season, and Pepe... Read More »
52m ago from RacingNews365.com
Lando Norris predicts F1 'chaos' in 2026 races after rules...
Reigning F1 champion Lando Norris has claimed the... Read More »
1h ago from GPFans.com
