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Penske could buy Mercedes' F1 team - source
Nov.16 Mercedes' Formula 1 team is for sale. That is the claim of the German publication Auto Bild, citing the information of a 'reliable source'. Correspondent Ralf Bach says the buyer could be Dmitry Mazepin, the wealthy Russian father of a Formula 2 driver, as well as American racing legend Roger Penske. Penske, 82, has just bought the Indycar series and the Indianapolis Motor Speedway. Bach says his estimated fortune is $1.6 billion. Penske's son Jay owns the Formula E team Geox Dragon. After a potential takeover of the Brackley based team, Mercedes could then remain in Formula 1 as an engine supplier. Auto Bild said Mercedes has told McLaren, Force India, Williams and - interestingly...
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4y ago from OneStopStrategy.com
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