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Mercedes set for £20M sponsorship deal with INEOS!
The Mercedes AMG F1 team is reportedly set to add chemicals group INEOS to its pool of commercial sponsors for 2020, a deal estimated to be worth £20 million a year for the Silver Arrows squad. Mercedes and Ineos had already inked a technical knowledge-sharing agreement in December that will see Mercedes' Applied Science arm work with INEOS' UCI World Tour cycling team as well as with its America's Cup sailing outfit, with all three teams' experts collaborating to identify ways to improve performance. Mercedes partners with cycling and sailing powerhouse INEOS, which is controlled by British billionaire Jim Ratcliffe, has seen its presence in the sports arena grow exponentially recently,...
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