Ineos takes over the Mercedes team

Ineos takes over the Mercedes team
Author of the article: , published September 13, 2020.

Former Jordan F1 boss Eddie Jordan, who has been working as a Formula One expert commentator in recent years, has revealed interesting rumors that Ineos, Mercedes' technical partner, will buy a majority stake in the current Formula One design champions for € 1 million.

He has been speculating about the future of the team boss for a long time Mercedes, Tota Wolff, whose contract with Mercedes expires at the end of this season, and it is also unknown where he will race next season Lewis Hamilton. In addition, rumors surfaced weeks ago that Daimler intends to cut costs, thereby also selling at least part of the 60% ownership of the Mercedes team. According to Jordan, this is exactly what will happen in the coming days.

"Sir Jim Ratcliffe will become the new owner of the Mercedes team with his company Ineos,Jordan claims. “Ineos is working with the team on a technical level, and their logo is also on the race cars, and Mercedes will withdraw from Formula 1 in a nice way."

Jordan claims the team will be named Ineosand the seat will remain in Brackley, in addition, Mercedes will retain a 30% share, Irish, which is famous for the fact that his predictions often come true, he also announced that Wolff he will no longer be the team boss.

Photos: Daimler

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