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...
4y 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...
4y 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...
4y 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...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
9h ago from MotorsportWeek.c...
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
1d ago from MotorsportWeek.c...
MotoGP constructors push for F1-style ‘Concorde...
No description available...
1d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Why Rinus VeeKay believes there's more to come after...
No description available...
21h ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
2d ago from Motorsport.com
O’Ward explains the multiple steps that came...
Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
1d ago from MotorsportWeek.c...
Kyffin Simpson’s confidence ‘very high right...
When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
2d ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
4d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
3d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'Chelsea gave us a £75m GK for 50p' - Arsenal fans...
Arsenal fans have taken to X to hail new goalkeeper Kepa Arrizabalaga...
2h ago from SportsKeeda.com
'We need to sell him', 'Not sure what to do with him'...
Arsenal fans on X have blasted Gabriel Martinelli after he struggled to...
2h ago from SportsKeeda.com
Saka gives Arsenal friendly win over Milan as Norgaard...
Arsenal kicked off their pre-season campaign with Bukayo Saka's strike...
3h ago from SkySports.com
Exclusive: Arsenal 'are looking' at three potential...
Arsenal are looking at three potential attacking players as transfer...
4h ago from CaughtOffside.com
Comments
Hottest News
How the new engine formula coming in 2026 will change F1
F1 is, quite literally, gearing up for its new... Read More »
4h ago from MotorsportWeek.com
Unique Michael Schumacher racer up for auction but it has...
An old Michael Schumacher racer has gone up for... Read More »
57m ago from GPFans.com
Aston Martin teases ‘big component' upgrade for F1...
Aston Martin Team Principal Andy Cowell has... Read More »
2h ago from MotorsportWeek.com
