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Daimler CEO clarifies choice for INEOS: "Win-win situation"
In February 2020, Mercedes announced that they had attracted a new main sponsor for the team in INEOS, and that partnership obviously went down well. Indeed, in December 2020, the chemical group purchased 30 percent of Daimler's shares. As a result, INEOS now has a significant stake in the Formula One team, and Daimler CEO Ola Kallenius now explains why they went into business with each other. All one-third The construction at the moment is that Daimler owns one third of the team, 30 percent belongs to INEOS and the share of team boss Toto Wolff has also been increased to one third. This makes three parties the biggest stakeholders in the team and with the sale of shares to INEOS they are...
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3y ago from GPBlog.com
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