News Details
INEOS takes 33% stake in Mercedes-AMG F1 team
Mercedes principal partner INEOS will become a part owner of the German manufacturer's F1 team, holding an equal number of shares as Daimler AG and team boss Toto Wolff. INEOS joined Mercedes at the start of the year as a major sponsor of the Brackley squad, and last summer rumors emerged about a possible buy-out of the championship winning team by the UK petrochemical giant. Ultimately, INEOS will enjoy a one-third stake in the team while continuing as its principal sponsor. The shareholding structure will see Daimler reduce its current 60% holding while Wolff will increase his current 30% stake, in order to create three equal partners in the company. Furthermore, under the new...
Full Story »
Full Story »
You May Also Be Interested In...
INEOS buys one-third stake in Mercedes F1 team, Wolff...
Mercedes-AMG Petronas Formula 1 Team welcomes INEOS as a one third equal...
5y ago from GrandPrix247.com
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
INEOS takes one-third stake in Mercedes F1 team
Mercedes has announced that INEOS will become a one third shareholder in...
5y ago from Pitpass.com
Three more years for Wolff, INEOS increase stake
Toto Wolff has signed a new three-year deal to remain team principal of...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia signals factory-team priority as...
No description available...
18h ago from Motorsport.com
MotoGP Sepang test: Alex Marquez fastest on final day...
No description available...
22h 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...
16h 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...
15h 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...
30m ago from CaughtOffside.com
“I asked them, maybe not politely” - Liam Rosenior...
Chelsea boss Liam Rosenoir deemed an Arsenal support staff enroaching...
1h ago from SportsKeeda.com
Rain and other stuff
Morning. It is day 143 of the rains. Although barely a month of the new...
1h 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
Comments
Hottest News
F1 WAG Geri Halliwell helped Christian Horner to poach...
If Red Bull’s new power unit dominates F1 in... Read More »
1h ago from GPFans.com
George Russell fires F1 title rivals warning after Mercedes...
George Russell believes Mercedes' W17 feels far... Read More »
50m 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
