Ineos to buy Mercedes F1
Ineos to buy Mercedes F1
Author
Discussion

Zep56

Original Poster:

22 posts

69 months

Sunday 9th August 2020
quotequote all
Mercedes F1 cannot reach agreement with Liberty on budgets going forward and decide to accept offer for F1 team not including power units from Ineos.

Mercedes still committed to supply power units for F1 and Ineos justify move due to lower agreed operating costs and many of the existing sponsors staying with the new Ineos Mercedes F1.

In 2021 Lewis wins his eighth world title with Ineos Mercedes, the titles being with three different constructors......is this a record!

Derek Smith

48,736 posts

271 months

Sunday 9th August 2020
quotequote all
https://www.ineos.com/news/ineos-group/ineos-becom...

It doesn't read as if it is a buyout. More like even bigger investment.

Unless I'm reading it incorrectly.

FourWheelDrift

91,823 posts

307 months

Sunday 9th August 2020
quotequote all
Zep56 said:
In 2021 Lewis wins his eighth world title with Ineos Mercedes, the titles being with three different constructors......is this a record!
No. Juan Manuel Fangio with 4, Alfa Romeo, Maserati, Mercedes, Ferrari.

Doink

1,675 posts

170 months

Sunday 9th August 2020
quotequote all
But that story is from back in February

rdjohn

6,989 posts

218 months

Tuesday 11th August 2020
quotequote all
Derek Smith said:
https://www.ineos.com/news/ineos-group/ineos-becom...

It doesn't read as if it is a buyout. More like even bigger investment.

Unless I'm reading it incorrectly.
Precisely, that’s why there is a big sticker proclaiming “Ineos” on the air box.