News Details
INEOS takes one-third stake in Mercedes, Wolff stays as boss
Toto Wolff will remain as Team Principal and CEO of the Mercedes Formula 1 team for another three years with INEOS becoming a one-third shareholder in the team. On Friday Mercedes announced that a new structure has been implemented, with the Formula 1 operation now owned in three equal parts by Mercedes parent company Daimler AG, INEOS and Wolff. It means Daimler will reduce its current 60 per cent shareholding while Wolff increases his current 30 per cent stake. INEOS, the petrochemicals firm, became a primary partner of Mercedes for 2020 and has ramped up its involvement in sporting organisations in recent years. It acquired the Tour de France-winning Team Sky and also runs Team INEOS in...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
INEOS purchase a third shareholding in Mercedes AMG
Mercedes AMG F1 team's ownership will now be split three ways, as INEOS...
5y ago from FormulaSpy.com
INEOS takes one-third stake in Mercedes F1 team
Mercedes has announced that INEOS will become a one third shareholder in...
5y ago from Pitpass.com
Red Bull-Owned Publication Claims Sergio Perez Will...
Red Bull will announce Sergio Perez as Alex Albon’s replacement for the...
5y ago from Formula1News.co.uk
Ineos buys one third of Mercedes F1 team, Wolff to...
British chemical company Ineos has acquired one third of the shares in...
5y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
3h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
2h ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
9h ago from Motorsport.com
These are leading contenders for the 2026 Dakar Rally
No description available...
8h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Bournemouth vs Arsenal Prediction and Betting Tips |...
The Premier League returns to the fold with another set of matches this...
2h ago from SportsKeeda.com
Arteta calls for Gyokeres to embrace the noise amid...
Mikel Arteta has called for Viktor Gyokeres and his Arsenal team-mates to...
3h ago from SkySports.com
Transfer boost for Arsenal and Liverpool, target makes...
Real Madrid attacker Rodrygo Goes has been linked with a move away from...
4h ago from CaughtOffside.com
'The situation' – Manager responds to Chelsea...
Bournemouth manager Andoni Iraola has played down links with the Chelsea...
6h ago from CaughtOffside.com
Comments
Hottest News
Symonds slams F1’s 2026 power unit: ‘We ended up with a...
Formula 1’s upcoming 2026 power units have... Read More »
8h ago from F1i.com
Liam Lawson handed staggering positive verdict ahead of...
This was as comprehensive a decision as you're... Read More »
1h ago from RacingNews365.com
Max Verstappen team-mate plans revealed as far as 2028
Red Bull F1 boss Laurent Mekies has revealed what... Read More »
2h ago from GPFans.com
