News Details
Daimler CEO clarifies choice for INEOS: "Win-win situation"
In February 2020, Mercedes announced that they had attracted a new main sponsor for the team in INEOS, and that partnership obviously went down well. Indeed, in December 2020, the chemical group purchased 30 percent of Daimler's shares. As a result, INEOS now has a significant stake in the Formula One team, and Daimler CEO Ola Kallenius now explains why they went into business with each other. All one-third The construction at the moment is that Daimler owns one third of the team, 30 percent belongs to INEOS and the share of team boss Toto Wolff has also been increased to one third. This makes three parties the biggest stakeholders in the team and with the sale of shares to INEOS they are...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
INEOS partnership opens the door to potential hydrogen...
INEOS CEO Sir Jim Ratcliffe has suggested Mercedes could begin to explore...
4y ago from GPFans.com
INEOS a ‘turning point' for F1 sports franchises
Not only is INEOS's investment in the Mercedes team a game-changer for...
4y ago from PlanetF1.com
An engineer or a salesman? Who is the new CEO at...
With the announcement that Laurent Rossi will be the new CEO of the...
4y ago from GPBlog.com
Storey: Return of Rich Energy as sponsor feels like...
William Storey, CEO of Rich Energy has confirmed the return of his...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales: ‘It was a big mistake’ to reject...
Maverick Vinales admitted it was a “big mistake” to reject offers...
13h ago from MotorsportWeek.c...
Lorenzo lands front row Start for Indianapolis GP
No description available...
13h ago from Motorsport.com
Marquez and Pedrosa complete perfect 1-2 in qualifying...
No description available...
13h ago from Motorsport.com
Will any MotoGP rider ever emulate John Surtees?
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
13h ago from Motorsport.com
How Scott Dixon pulled off another fuel-saving...
No description available...
1d ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
2d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Saudi’s first female racer welcomes a new future for...
No description available...
13h ago from Motorsport.com
F1 celebrates historic milestone with big events and...
No description available...
13h ago from Motorsport.com
How Oliver Solberg is preparing for "dream”...
No description available...
14h ago from Motorsport.com
Dermot O’Leary to host the 2025 Autosport Awards
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Report: Carlos Cuesta trying to sign Arsenal player...
There's been lots of talk about incomings in recent weeks, but if Arsenal...
2h ago from FreshArsenal.com
Arsenal fans handed boost in hopes of signing Crystal...
Arsenal’s pursuit of Crystal Palace star Eberechi Eze remains firmly on...
3h ago from FreshArsenal.com
Arsenal edge closer to signing 23-year-old as £50m...
Having completed the signing of Martin Zubimendi over the weekend, Arsenal...
9h ago from CaughtOffside.com
Arsenal submit initial bid to sign Noni Madueke,...
Arsenal have reportedly submitted an initial bid of £50 million,...
9h ago from SportsKeeda.com
Comments
Hottest News
Two more leading figures leave Red Bull alongside Christian...
Christian Horner is not the only one who has left... Read More »
13h ago from RacingNews365.com
Bernie Ecclestone delivers verdict on Christian Horner axe:...
Former F1 supremo Bernie Ecclestone has long been... Read More »
11h ago from RacingNews365.com
Ferrari chief issues update on Vasseur future
Ferrari CEO Benedetto Vigna has issued an update... Read More »
6h ago from GPFans.com
