Formula 1 champions Mercedes sent a statement of intent about their future on Monday with the announcement of a five-year principal sponsorship deal with British billionaire Jim Ratcliffe’s petrochemicals giant Ineos. Mercedes F1 boss Toto Wolff hailed a new chapter for a team who have won the last six drivers’ and manufacturers’ titles with Lewis Hamilton chasing his seventh career crown this season. F1 is entering a new era in 2021 and the teams, including Mercedes, have yet to sign a new agreement with U.S.-based commercial rights holders Liberty Media beyond this year, with some evident sticking points. Despite that, Wolff — also a shareholder in the team — sounded...
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