News Details
INEOS a ‘turning point' for F1 sports franchises
Not only is INEOS's investment in the Mercedes team a game-changer for them, but the same can be said for Formula 1 in general. Following the conclusion of the 2020 Formula 1 season it was confirmed that Toto Wolff would remain team principal and CEO of the Mercedes outfit, but also that he had become a one-third owner. Mercedes' parent company Daimler reduced their share to a third with INEOS, Mercedes' 2020 sponsor, also buying a third of the team to create three equal partners. However, this investment has a far greater impact on Formula 1 as a whole Wolff believes. With a budget cap now coming into force for 2021, capping teams at spending $145million per season with certain exceptions...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
INEOS investment in Mercedes "a turning...
Toto Wolff believes the recent investment of INEOS in Mercedes represents...
5y ago from GPFans.com
Alpine to develop new EV sports car together with Lotus
Renault's Alpine unit will be developing a next generation electric...
5y ago from FormulaSpy.com
These two reasons were behind the sale of Williams to...
Last spring, Williams became the first Formula One team to be wholly...
5y ago from GPBlog.com
Jos Verstappen: It would be best if Max and Lewis were...
Jos Verstappen believes that the 'whole world' is waiting for Lewis...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
How Raul Fernandez is chasing his next MotoGP contract
No description available...
9h ago from Motorsport.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
1d ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
2d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou's 100th IndyCar start ends in early crash...
No description available...
2h ago from Motorsport.com
Official race results: 2026 IndyCar at Phoenix
No description available...
1h ago from Motorsport.com
Josef Newgarden earns thrilling IndyCar win at Phoenix
No description available...
1h ago from Motorsport.com
Christian Rasmussen vents frustration at Will Power...
Christian Rasmussen looked set to take his second IndyCar victory...
29m ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
2d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
4d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bargain asking price: Liverpool & Arsenal...
Clubs like Liverpool and Arsenal could reportedly be in luck as Real...
4h ago from CaughtOffside.com
Supercomputer predicts unthinkable Tottenham...
The Premier League table has been given a radical shake-up as a...
8h ago from CaughtOffside.com
Ashley Cole makes honest admission when asked if...
Chelsea legend Ashley Cole believes Arsenal can win the quadruple this...
7h ago from SportsKeeda.com
Arsenal looking to reinforce squad with 100m...
Arsenal have stepped up their pursuit of Newcastle United midfielder...
9h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Max Verstappen stunned as FIA announce...
Unseen footage of Max Verstappen's reaction to... Read More »
1h ago from GPFans.com
FIA announce late Mercedes penalty verdict after front row...
The FIA have confirmed a late penalty verdict for... Read More »
14h ago from GPFans.com
Max Verstappen's shocked reaction revealed after F1...
New footage has emerged of Max Verstappen's... Read More »
3h ago from GPFans.com
