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 »
4y 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...
4y 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...
4y 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...
4y 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...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
3d ago from MotorsportWeek.c...
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
2d ago from Motorsport.com
How Aprilia believes it “overreached our target”...
No description available...
3d ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
4d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
6d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
4d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak looking forward to break from full-time...
No description available...
6h ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
1d ago from Motorsport.com
What Elfyn Evans was missing in his 2025 WRC title...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
'Pray for Arsenal', 'That's good to see' - Chelsea...
Chelsea fans have been left surprised by Enzo Maresca's decision to start...
1h ago from SportsKeeda.com
'You gotta be kidding me,' 'Big, big miss' - Arsenal...
Arsenal fans on X are in disbelief upon learning that William Saliba will...
1h ago from SportsKeeda.com
Chelsea v Arsenal – live blog
Join us for live blog coverage of our Premier League clash at away to...
52m ago from Arseblog.com
Chelsea v Arsenal: Premier League – live
Updates from the 4.30pm GMT KO at Stamford Bridge<br>⚽ <a...
2h ago from TheGuardian.com
Comments
Hottest News
'Oscar Piastri has to leave!' F1 fans fury after McLaren...
Some F1 fans have continued to fall for McLaren... Read More »
3h ago from GPFans.com
LIVE: 2025 F1 Qatar Grand Prix
Follow along with all the action live from the... Read More »
1h ago from RacingNews365.com
Max Verstappen F1 title hopes given huge boost after poor...
EARLY REPORT: Max Verstappen got the better of... Read More »
42m ago from GPFans.com
