News Details

Daimler "no intention" of selling Mercedes to Britain's richest man - Wolff

Mercedes motorsport boss Toto Wolff has strongly refuted claims suggesting Daimler is ready to dilute its interest in Formula 1 and give up its majority ownership of the team to Britain's richest man. Former team owner turned pundit Eddie Jordan claimed in a newspaper article that Ineos founder Sir Jim Ratcliffe was set to buy a 70% stake in the team. Mercedes has a 60% share, Wolff 30%, and the estate of the late Niki Lauda the remaining 10%. Article continues under video While Ineos has become one of the Mercedes F1 team's principal partners, with the multi-national chemicals company carrying significant branding on the cars, Wolff has insisted Daimler is in F1 to stay, notably after...
Full Story »
1mo ago from GPFans.com 0
Share

You May Also Be Interested In...

Wolff: Ineos has no interest in buying a majority of...

Petrochemicals giant Ineos has no interest in taking over Formula 1...
1mo ago from GrandPrix247.com

Wolff To Leave Mercedes After £700mn Ineos Takeover...

The Mercedes Formula One team is set to be rebranded, with chemicals...
1mo ago from Formula1News.co.uk

Hamilton moves into team ownership in Extreme E

Reigning Formula 1 world champion Lewis Hamilton has made his first move...
1mo ago from F1i.com

Jordan claims Ineos will take majority stake in...

Former Formula 1 team boss turned pundit Eddie Jordan has claimed Ineos,...
1mo ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Morbidelli was 'all or nothing' in Teruel GP to stay...

MotoGP Teruel Grand Prix winner Franco Morbidelli says he had to go...
11h ago from AutoSport.com

MotoGP Teruel: Morbidelli wins as Mir strengthens...

Franco Morbidelli eased to his second MotoGP victory from Alex Rins in...
16h ago from AutoSport.com

Crutchlow to undergo MRI scan following shoulder...

Cal Crutchlow has revealed that he will undergo an MRI scan on his right...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

McLaughlin crashes out on IndyCar Series debut

Scott McLaughlin has labelled his IndyCar Series debut the “best day of...
9h ago from SpeedCafe.com

St Petersburg IndyCar: Newgarden wins as Dixon claims...

Scott Dixon clinched his sixth IndyCar championship in a thrilling final...
7h ago from AutoSport.com

Popular On TotalWRC.com

Hyundai clinch maiden WRC Manufacturers’ Title

"Hyundai Motorsport is celebrating its maiden World Rally...
3d ago from EuroSport.com

Neuville continues to build Rally Portugal lead

"Hyundaiu0027s Thierry Neuville extended his overall Rally Portugal...
3d ago from EuroSport.com

Neuville signs three-year contract extension with...

"Rally world championship leader Thierry Neuville has signed a...
3d ago from EuroSport.com

Hyundai Motorsport Reveal i20 N Rally2

Hyundai Motorsport have unveiled its new i20 N Rally2 car that is set to...

Popular On GunnersToday.com

'Clearly doesn't trust him' – These Arsenal fans...

There was a feeling that Arsenal might have enough for an outside push for...
10h ago from CaughtOffside.com

'A massive impact on the game' – Mikel Arteta...

It's been another weekend of VAR controversy with some poor decisions in...
6h ago from CaughtOffside.com

Video: Timid Lacazette passes up a great chance...

Sometimes being a successful striker requires bravery and desire as well...
9h ago from CaughtOffside.com

Leicester ‘weather Arsenal storm’ as super-sub...

Jamie Vardy may have started on the bench at the Emirates Stadium - but...
7h ago from DailyStar.co.uk

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.