News Details
‘Ineos makes £700m bid to buy the Mercedes F1 team'
Ineos could move from team sponsor to team owner with the Daily Mail reporting that the company is ‘close to signing a £700million deal' to buy the Mercedes F1 team. Earlier this year Ineos, one of the world's largest chemical producers, teamed up with Mercedes in a five-year deal. At the time Ineos owner Jim Ratcliffe and Mercedes motorsport boss Toto Wolff called the deal a 'partnership', not a sponsorship, and one that was worth £100m to the Formula 1 team. However, it now looks as if all that could become ownership. According to the Daily Mail, Ineos has agreed to buy '70 per cent share in the German team' which is well on its way to winning a seventh successive championship...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Zak Brown: We're not a real estate company
McLaren will sell their state-of-the-art Formula One headquarters and...
5y ago from GrandPrix247.com
Vettel: I was close to walking away from Formula 1
Sebastian Vettel said he had come close to retiring before Racing Point...
5y ago from GrandPrix247.com
Hamilton: F1 needed to keep Vettel
Formula 1 needed Sebastian Vettel to stay and Racing Point, who become...
5y ago from GrandPrix247.com
Vettel nearly quit F1; explains Aston Martin move
Sebastian Vettel has admitted he came "close" to quitting...
5y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin hit with penalty for planned MotoGP...
No description available...
30m ago from Motorsport.com
Thailand signs new deal to remain on MotoGP calendar...
The Chang International Circuit will remain on the MotoGP calendar after...
20h ago from MotorsportWeek.c...
Losing MotoGP concessions would be “nothing but good...
No description available...
20h ago from Motorsport.com
Nicolo Bulega explains why he had to change his...
After completing his first MotoGP race weekend, Nicolo Bulega explained...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
19h ago from MotorsportWeek.c...
AJ Foyt Racing expands veteran support program to full...
AJ Foyt Racing has announced that its successful Homes For Our Troops...
1d ago from MotorsportWeek.c...
McLaren’s lawsuit against IndyCar champ Alex Palou...
The lengthy court battle between McLaren and Alex Palou is nearing a...
6d ago from MotorsportWeek.c...
Caio Collet advances up to IndyCar with AJ Foyt Racing
AJ Foyt Racing has announced that Caio Collet will drive for the team in...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
2d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
3d ago from Motorsport.com
Oliver Solberg lands factory Toyota Rally1 drive
We called it after Oliver Solberg clinched his WRC2 title in Chile....
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Former Arsenal star admits joining Chelsea was a...
Former Arsenal striker Pierre-Emerick Aubameyang will perhaps have...
1h ago from CaughtOffside.com
Big squad, limited minutes, international ambitions
Morning all. We are now 100% in the Interlull. We approached it, circled...
4h ago from Arseblog.com
Contract talks stall: Chelsea & Arsenal handed...
Chelsea and Arsenal may reportedly have been handed a huge boost as Kenan...
5h ago from CaughtOffside.com
Arsenal & Man United want player with 'rare blend...
Arsenal and Manchester United are interested in signing the highly rated...
19h ago from CaughtOffside.com
Comments
Hottest News
F1 team drops FIRST livery for 2026
Audi F1 team have unveiled their concept livery... Read More »
1h ago from GPFans.com
Perez fires up Cadillac’s F1 journey with first test run...
The future roared into the present on Wednesday... Read More »
1h ago from F1i.com
Red Bull explains what caused Max Verstappen's early...
Red Bull advisor Helmut Marko has explained the... Read More »
1h ago from MotorsportWeek.com
