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: 'It's not that the others are going...
No description available...
14h ago from Motorsport.com
Johann Zarco tops second MotoGP practice at Le Mans,...
Johann Zarco continued Honda's Friday dominance to top the second MotoGP...
17h ago from MotorsportWeek.c...
Pedro Acosta ‘barely makes it through’ to Q2 after...
No description available...
14h ago from Motorsport.com
What’s behind Honda’s pace-setting speed in French...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Enzo Fittipaldi snags first Indy NXT win in Race 1 of...
No description available...
10h ago from Motorsport.com
Rain washes out IndyCar qualifying at Indianapolis...
No description available...
9h ago from Motorsport.com
IndyCar postpones IMS qualifying due to rain
The NTT IndyCar Series has postponed qualifying due to continuing...
9h ago from MotorsportWeek.c...
Second IndyCar practice at IMS headed up by Alex Palou
IndyCar took to the Indianapolis Motor Speedway road course for the...
13h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Portugal: Organisers investigate major stage...
No description available...
11h ago from Motorsport.com
WRC Portugal: Adrien Fourmaux off gives Sebastien...
No description available...
15h ago from Motorsport.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
19h ago from Motorsport.com
WRC Portugal: Hyundai on top as overnight leader...
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
'I can't see…' – Jamie Carragher makes big...
Liverpool legend Jamie Carragher has admitted he can see there being a...
29m ago from CaughtOffside.com
Mikel Arteta responds to Wayne Rooney claiming Arsenal...
Arsenal manager Mikel Arteta has issued a response after Wayne Rooney...
8m ago from SportsKeeda.com
Arsenal and Man City battle for 55m Spanish attacker...
Matias Fernandez-Pardo has been linked with a move away from LOSC Lille at...
11h ago from CaughtOffside.com
The seven games that will decide whether Arsenal or...
enal have the advantage in the Premier League title race but will they...
10h ago from TheGuardian.com
Comments
Hottest News
Carlos Sainz 'open to' sensational McLaren F1 return
Carlos Sainz is considering making a shock return... Read More »
59m ago from GPFans.com
F1 News Today: Lewis Hamilton's Ferrari fury, F1 star slams...
Lewis Hamilton has shown frustration over... Read More »
1h ago from GPFans.com
Charles Leclerc reacts to incredible Ferrari statistic:...
Charles Leclerc has been around Ferrari for a... Read More »
1h ago from RacingNews365.com
