F1 Power News
  • Facebook
  • Twitter

Mercedes: Chemical giant Ineos to become a one-third shareholder in Formula 1 team

Friday, 18th December BBC

Chemical giant Ineos is to become a one-third shareholder in the Mercedes Formula 1 team, with Toto Wolff remaining as team boss for a further three years.

Read full article
Older Wolff stays on as Mercedes boss, Ineos buys into team Newer McLaren’s “fragile” business model risked F1 progress without new investment

f1powernews.com is not affiliated with Formula 1, Formula One Management (FOM), Formula One Administration (FOA), or any other subsidiary associated with the official Formula One governing organisations or their shareholders. Efforts have been made to acknowledge credits wherever necessary, however, if you are the copyright holder and believe your material has been used unfairly, please contact us.