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 »
4y 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...
4y 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...
4y 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...
4y ago from espnF1.com
Red Bull owned site reports Albon out, Perez in for...
Red Bull owned German-language motorsport news portal Speedweek is...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
The MotoGP standouts and strugglers of 2025 so far
Motorsport Monday’s latest MotoGP feature spotlights nine different...
22h ago from MotorsportWeek.c...
Johann Zarco ‘thinking about how to stay' with...
Johann Zarco admits he is “thinking about how to stay” at LCR Honda...
1d ago from MotorsportWeek.c...
Johann Zarco’s hot streak highlights LCR’s awkward...
No description available...
1d ago from Motorsport.com
Fabio Quartararo aims to ‘get back to the top'...
Fabio Quartararo revealed that his number one priority is to "get...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
2d ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
3d ago from MotorsportWeek.c...
Kyle Kirkwood isn't "in the hunt” with Alex...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Le Mans winner Andre Lotterer aims at rallying after...
No description available...
22h ago from Motorsport.com
WRC: Sebastien Ogier confirms entry to the Acropolis...
No description available...
5d ago from Motorsport.com
Co-driver dies after crash during Jim Clark rally in...
Roberts, 39, was pronounced dead at the scene near Duns in the Scottish...
1w ago from TheGuardian.com
WRC signs new deal to race in Portugal until at least...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I am convinced' – Expert responds to CL giants'...
Arsenal expert Charles Watts says he is not surprised to see transfer...
52m ago from CaughtOffside.com
Arsenal very close to signing 17-year-old midfielder...
No description available...
2h ago from SportsKeeda.com
Premier League star could join Arsenal if two other...
Arsenal's interest in the potential transfer of Aston Villa striker Ollie...
3h ago from CaughtOffside.com
“I would love someone like him to come back to the...
Arsenal legend Ian Wright wants his former side to usurp Liverpool to the...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 broadcaster issues health update after 'horrific' social...
F1 broadcaster Lee McKenzie has spoken out about... Read More »
53m ago from GPFans.com
Hamilton, Sainz have bad F1 ‘habits' – Hadjar
Jun.5 Just a third of a season into his Formula... Read More »
2h ago from OneStopStrategy.com
Keke Rosberg’s toughest race: F1 legend battles health...
Keke Rosberg, the 1982 Formula 1 world champion,... Read More »
2h ago from F1i.com
