News Details
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...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
INEOS partnership opens the door to potential hydrogen...
INEOS CEO Sir Jim Ratcliffe has suggested Mercedes could begin to explore...
4y ago from GPFans.com
INEOS a ‘turning point' for F1 sports franchises
Not only is INEOS's investment in the Mercedes team a game-changer for...
4y ago from PlanetF1.com
An engineer or a salesman? Who is the new CEO at...
With the announcement that Laurent Rossi will be the new CEO of the...
4y ago from GPBlog.com
Storey: Return of Rich Energy as sponsor feels like...
William Storey, CEO of Rich Energy has confirmed the return of his...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
1d ago from Motorsport.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
1d ago from Motorsport.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
2d ago from Motorsport.com
Joan Mir will ‘go to bed satisfied' after...
Joan Mir admitted that he will "go to bed satisfied" after...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin looking to rebound after ‘lowest...
Scott McLaughlin is hopeful that he can quickly bounce back from his...
19h ago from MotorsportWeek.c...
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
2d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1h ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
2d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Man Utd & Arsenal on red alert after Benjamin...
Benjamin Sesko's career path seems set: a move to the Premier League is...
2h ago from CaughtOffside.com
Contact made: Aston Villa open club-to-club talks to...
Aston Villa are reportedly now in club-to-club talks with Real Betis over...
1h ago from CaughtOffside.com
Ex-Arsenal midfielder in advanced talks to join Arne...
No description available...
2h ago from SportsKeeda.com
From Spain: Arsenal considering bargain 23-year-old as...
Reports in Spain claim Arsenal have an interest in Sevilla's talented...
2h ago from CaughtOffside.com
Comments
Hottest News
Another secret of McLaren dominance unearthed
Jun.13 Another secret of McLaren's dominance... Read More »
1h ago from OneStopStrategy.com
Charles Leclerc addresses bombshell Ferrari exit rumour
Charles Leclerc has addressed the stunning... Read More »
4h ago from RacingNews365.com
How Lewis Hamilton has ‘surprised' Charles Leclerc...
Charles Leclerc has opened up on how Lewis... Read More »
1h ago from MotorsportWeek.com
