News Details
INEOS purchase a third shareholding in Mercedes AMG
Mercedes AMG F1 team's ownership will now be split three ways, as INEOS have bought an equal share of the team to match the existing shareholders. The Mercedes AMG Formula 1 team will now be owned by three separate parties, as INEOS have come on board as a one third shareholder. The British company became a title sponsor of Mercedes for 2020, with Sir Jim Ratcliffe's company purchasing a third of the team recently. Daimler AG, Merc's parent company, will reduce their shareholding from 60% to 33%, with Toto Wolff increasing his stake from 30% to 33%. Since the Mercedes-Benz works team returned to Formula One in 2010, continuous strategic investment, sporting commitment and commercial growth...
Full Story »
Full Story »
4y ago from FormulaSpy.com
0
You May Also Be Interested In...
Horner about on-board radio Albon: 'With two more laps...
Alexander Albon may have driven his last Grand Prix for Red Bull Racing....
4y ago from GPBlog.com
Horner on-board radio with Albon: "Few more laps...
Alexander Albon may have driven his last Grand Prix for Red Bull Racing....
4y ago from GPBlog.com
McLaren Racing to sell third of company to US-based...
McLaren Racing agrees to sell a third of the company to a group of...
4y ago from BBC.co.uk
Confirmed: McLaren sells shares to American investment...
McLaren have officially sold a large portion of their shares to MSP...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Brake problems again behind lack of pace for Francesco...
No description available...
14h ago from Motorsport.com
Pedro Acosta buoyed by KTM turnaround in MotoGP 2025...
No description available...
15h ago from Motorsport.com
Marc Marquez only cares about MotoGP title and not...
No description available...
16h ago from Motorsport.com
Marc Marquez dominates to record fifth successive...
Marc Marquez made history for Ducati after dominating the Czech MotoGP...
19h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Toronto – Race Results
IndyCar completed its sole visit across the border this weekend, with a...
13h ago from MotorsportWeek.c...
Pato O’Ward, Arrow McLaren score strategic win in...
No description available...
12h ago from Motorsport.com
Kyffin Simpson rides two-stop strategy to breakthrough...
No description available...
11h ago from Motorsport.com
See how crashes and on-track incidents defined the...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
2h ago from Motorsport.com
How the WRC service park reacted to Oliver Solberg's...
No description available...
14h ago from Motorsport.com
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
15h ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
19h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Viktor Gyokeres frustrated by Arsenal transfer delay...
Viktor Gyokeres is frustrated by the delay in his proposed move to...
30m ago from SportsKeeda.com
Arteta: I can't talk about Gyokeres... yet
Mikel Arteta has said he cannot comment on Arsenal's pursuit of Viktor...
30m ago from SkySports.com
'Arsenal followed the right processes' - Mikel Arteta...
Arsenal manager Mikel Arteta has defended his club's handling of...
2h ago from SportsKeeda.com
Sources: Liverpool hold 'discussions' with agent of...
Olympique Lyonnais are ready to evaluate incoming offers for young talent...
1h ago from CaughtOffside.com
Comments
Hottest News
McLaren F1 boss asks for FIA meeting amid Piastri penalty...
McLaren F1 team principal Andrea Stella has... Read More »
1h ago from GPFans.com
Zak Brown offers clear view on shock Christian Horner Red...
Christian Horner's axing from Red Bull caught... Read More »
1h ago from RacingNews365.com
Lewis Hamilton receives brutal message: 'It's felt...
Lewis Hamilton remains without a grand prix... Read More »
49m ago from RacingNews365.com
