News Details
INEOS a ‘turning point' for F1 sports franchises
Not only is INEOS's investment in the Mercedes team a game-changer for them, but the same can be said for Formula 1 in general. Following the conclusion of the 2020 Formula 1 season it was confirmed that Toto Wolff would remain team principal and CEO of the Mercedes outfit, but also that he had become a one-third owner. Mercedes' parent company Daimler reduced their share to a third with INEOS, Mercedes' 2020 sponsor, also buying a third of the team to create three equal partners. However, this investment has a far greater impact on Formula 1 as a whole Wolff believes. With a budget cap now coming into force for 2021, capping teams at spending $145million per season with certain exceptions...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
INEOS investment in Mercedes "a turning...
Toto Wolff believes the recent investment of INEOS in Mercedes represents...
5y ago from GPFans.com
Alpine to develop new EV sports car together with Lotus
Renault's Alpine unit will be developing a next generation electric...
5y ago from FormulaSpy.com
These two reasons were behind the sale of Williams to...
Last spring, Williams became the first Formula One team to be wholly...
5y ago from GPBlog.com
Jos Verstappen: It would be best if Max and Lewis were...
Jos Verstappen believes that the 'whole world' is waiting for Lewis...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
10h ago from Motorsport.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
13h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
11h ago from Motorsport.com
MotoGP Spanish GP: Marc Marquez wins chaotic sprint...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
4d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
4d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Ogier hails ‘intense’ Solberg...
No description available...
5h ago from Motorsport.com
Sebastien Ogier hangs on to Rally Islas Canarias lead...
Sebastien Ogier started Saturday with a relatively handy lead of 8.9...
8h ago from MotorsportWeek.c...
WRC Canary Islands: Ogier leads Solberg by 3.8s...
No description available...
7h ago from Motorsport.com
WRC Canary Islands: Oliver Solberg closes on Sebastien...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal Women vs Lyon Women Prediction and Betting...
Defending European champions Arsenal Women host Lyon Women for the first...
4h ago from SportsKeeda.com
Arsenal boss Mikel Arteta issues injury update on...
Arsenal manager Mikel Arteta has brushed aside injury worries about Kai...
5h ago from SportsKeeda.com
“We make it difficult” - Arsenal legend Ian Wright...
Pundit Ian Wright has weighed in on Arsenal's performance after their...
5h ago from SportsKeeda.com
Arsenal 1-0 Newcastle United: Premier League – as it...
rechi Eze’s early goal was enough to secure a win against Newcastle and...
5h ago from TheGuardian.com
Comments
Hottest News
Max Verstappen’s ‘second father’ opens up on Jos...
Former Red Bull advisor Helmut Marko has offered... Read More »
6h ago from GPFans.com
The F1 star who refused to drive without the Pope in his car
Right. What's all this about then? Read More »
5h ago from GPFans.com
Striking Red Bull new rear wing explored as Chinese giants...
Check out the biggest stories of the day with the... Read More »
6h ago from RacingNews365.com
