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
Pedro Acosta buoyed by KTM turnaround in MotoGP 2025...
No description available...
3h ago from Motorsport.com
Brake problems again behind lack of pace for Francesco...
No description available...
3h ago from Motorsport.com
Marc Marquez only cares about MotoGP title and not...
No description available...
4h ago from Motorsport.com
Aprilia 'feels like home' despite contract standoff,...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Toronto – Race Results
IndyCar completed its sole visit across the border this weekend, with a...
1h ago from MotorsportWeek.c...
Pato O’Ward, Arrow McLaren score strategic win in...
No description available...
1h ago from Motorsport.com
Santino Ferrucci out of Toronto IndyCar race after...
No description available...
5h ago from Motorsport.com
Pato O’Ward muscles his way to IndyCar victory in...
During IndyCar’s yearly visit north of the border in Canada, the series...
2h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How the WRC service park reacted to Oliver Solberg's...
No description available...
2h ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
8h ago from MotorsportWeek.c...
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
4h ago from Motorsport.com
WRC Rally Estonia: Oliver Solberg dominates in shock...
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano says Man Utd ‘will surely'...
Fabrizio Romano has confirmed that Benjamin Sesko's name continues to be...
4h ago from CaughtOffside.com
'We have a great chance of winning a trophy' - Arsenal...
Arsenal defender Gabriel Magalhaes has claimed that the Gunners have a...
3h ago from SportsKeeda.com
Real Madrid keeping tabs on one other PL star despite...
Real Madrid are reportedly keeping tabs on Arsenal star William Saliba but...
4h ago from SportsKeeda.com
Gabriel Magalhaes makes claim about Victor Gyokeres...
Arsenal defender Gabriel Magalhaes has heaped praise on Viktor Gyokeres...
3h ago from SportsKeeda.com
Comments
Hottest News
Jonathan Wheatley reveals moment that triggered Red Bull...
Sauber Team Principal Jonathan Wheatley has... Read More »
7h ago from MotorsportWeek.com
Is Lewis Hamilton 'bigger' than Ferrari?
Lewis Hamilton and Ferrari. Two of the biggest... Read More »
1h ago from GPFans.com
F1 star targets Red Bull seat as Yuki Tsunoda struggles...
A star of the 2025 F1 grid has doubled down on... Read More »
37m ago from GPFans.com
