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 »
Share

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...
4y 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...
4y ago from GrandPrix247.com

Hamilton: F1 needed to keep Vettel

Formula 1 needed Sebastian Vettel to stay and Racing Point, who become...
4y ago from GrandPrix247.com

Vettel nearly quit F1; explains Aston Martin move

Sebastian Vettel has admitted he came "close" to quitting...
4y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...
11h ago from MotorsportWeek.c...

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Premier League’s big show is back, full of thrills...

bs are spending like the world is on fire but the title looks to be...
2h ago from TheGuardian.com

Two clubs in contact to sign Arsenal attacker as...

Arsenal are reportedly facing interest in prolific young talent Dan Casey,...
7h ago from CaughtOffside.com

Eberechi Eze player profile: The star at the centre of...

Crystal Palace star Eberechi Eze has become one of the best players in the...
6h ago from CaughtOffside.com

Wayne Rooney predicts where Manchester United,...

Former Manchester United superstar Wayne Rooney has backed Liverpool to...
5h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.