Mercedes-Benz is changing the ownership structure of its Formula One team, the automaker said late last week. Mercedes currently owns 60% of the team while Toto Wolff, the team's CEO and team principal, owns 30%, with other investors owning the remaining 10% stake. But under a new structure, the team will be equally split between Mercedes, Wolff...
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Monday, December 21, 2020
Ineos buys a third of Mercedes Formula One team
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