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
Marc Marquez lacking same strength as last year after...
No description available...
1h ago from Motorsport.com
Fabio Quartararo: 2027 decision "helped me...
No description available...
5h ago from Motorsport.com
Senior Honda MotoGP executive exits as HRC restructure...
No description available...
1d ago from Motorsport.com
All the records Marc Marquez can break in MotoGP 2026
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
PREMA confirmed to miss opening IndyCar round
PREMA will not be present for this weekend’s season-opening round of...
22h ago from MotorsportWeek.c...
Marcus Ericsson going into 2026 season with “chip on...
No description available...
21h ago from Motorsport.com
Ed Carpenter Racing enter technical partnership with...
No description available...
20h ago from Motorsport.com
Ticket design for 110th Indianapolis 500 unveiled
The ticket design for this upcoming May’s 110th running of the...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
2h ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
1d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I would like to see a change' - Former Manchester...
Former Manchester City and Arsenal star Bacary Sagna has claimed that he...
42m ago from SportsKeeda.com
“I fancy Chelsea”, “ They will do something daft...
Manchester United legend Paul Scholes and Roy Keane have made interesting...
2h ago from SportsKeeda.com
Will the visit to Dr. Tottenham be a title race...
League titles and big trophies are largely won by tangible elements....
22m ago from Arseblog.com
“They are absolute number one, even ahead of...
Former Real Madrid midfielder Sami Khedira reckons Bayern Munich are the...
1h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 power unit saga takes fresh twist - report
After a compromise was struck during the F1... Read More »
3h ago from RacingNews365.com
Pirelli announce major F1 change on eve of new season
F1 tyre provider Pirelli have announced a huge... Read More »
42m ago from GPFans.com
F1 insider insists Fernando Alonso and Honda relationship...
Aston Martin's F1 2026 pre-season testing... Read More »
4h ago from GPFans.com
