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INEOS investment in Mercedes "a turning point" for F1 - Wolff
Toto Wolff believes the recent investment of INEOS in Mercedes represents "a turning point in Formula 1". After being announced as a principal partner of the F1 team at the start of last year, INEOS ended it by becoming an equal shareholder alongside Daimler and team principal Wolff, each with a percentage stake of 33 and a third. Article continues under video It is an additional step towards an F1 team being viewed beyond simply that and more as a sports franchise model. Asked as to what the investment said about the health of F1, Wolff replied: "We are looking at a turning point in Formula 1 because teams have always fought for resources in order to perform on track, and...
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4y ago from GPFans.com
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