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We're in it for the long-term, insists Daimler boss Kallenius
Despite reducing its stake in the Mercedes F1 team, Daimler boss, Ola Kallenius insists his company is in the sport for the 'long-term'. Following Mercedes little social media teaser on Thursday, when the German team posted a picture tribute to Lewis Hamilton along with the words 'announce' and 'soon', this morning's revealing that INEOS has taken a one-third stake in the team wasn't the 'announce' many had been hoping for. While INEOS takes a one-third stake, in order to ensure that all three parties – INEOS, Daimler and Toto Wolff - are equal, the Austrian is increasing his shareholding while the German manufacturer reduces its stake. Nonetheless, Daimler boss, Ola Kallenius...
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3y ago from Pitpass.com
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