Vital Login
Social Login

Other Sites

Network Navigation

Vital Partners

'If It's F1, It's Vital'

Mercedes complete buy-out

Mercedes and its Abu Dhabi based partner Aabar Investment now own 100% of the former Brawn GP team.

The final 29.4% of the team which was still owned by Ross Brawn, Nick Fry, Caroline McGrory, John Marsden and Nigel Kerr; who had previously been involved in the buy out of the former Honda team, have now sold their last remaining stake in the team.

From the sale, Mercedes parent company Daimler has now increased its stake from 45.1% to 60%, with Aabar now owning 40%.

Ross Brawn will remain as Mercedes GP team principal and in a press statement he said: “Motor racing, particularly Formula 1, is a very specialised industry, and we are privileged to have such strong and understanding partners as Daimler and Aabar to support our joint ambitions. I remain fully committed to our team for the long-term, along with the management team and all of our employees. We all look forward to the challenge of making our team successful, and proudly representing Mercedes-Benz and the racing tradition of the Silver Arrows.”

CEO of Daimler AG and Head of Mercedes-Benz Cars Dr Dieter Zetsche, said: “This majority stake holding demonstrates our determination to build a long-term Formula 1 involvement on an even more successful platform.”

The news in the immediate future will see no changes at Mercedes, the company do not plan to increase the teams budget and there will be no changes in personnel.

The former shareholders had not previously planned to be part owners in a Formula One team and had been forced into the position after Honda’s shock decision to pull out of F1 ahead of the 2009 season.

Brawn and his then fellow shareholders bought the team, formed Brawn GP and went on to win both the constructors championship and driver’s championship with Jenson Button.

At the end of the 2009 season Mercedes took over Brawn and this is just the final move in that process.








Join Vital F1

It's easy to join up and join in on VitalF1.com, simply click the link and enjoy getting involved!

If you are already a member of Vital Football, your logins will automatically work on VitalF1.com!

The Journalist

Writer: Red5 Mail feedback, articles or suggestions

Date:Tuesday March 1 2011

Time: 11:00AM

Club Execution error : spV3GetArticleFeedback 136,0,0 [Microsoft][ODBC SQL Server Driver][SQL Server]Could not find stored procedure 'spV3GetArticleFeedback'.

Your Comments (oldest first)

Change to most recent first
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Vital F1 Articles

Manor name first driver (Thursday February 26 2015)

Alonso released from hospital (Wednesday February 25 2015)

Alonso remains hospitalised (Tuesday February 24 2015)

Alonso airlifted to hospital (Monday February 23 2015)

Maldonado tops third day in Barcelona (Monday February 23 2015)

Red Bull on top on day two in Barcelona (Monday February 23 2015)

Maldonado tops first day in Barcelona (Friday February 20 2015)

F1 set for Qatar in 2016 (Thursday February 19 2015)

Raikkonen unfazed by uncertain future (Tuesday February 17 2015)

Alonso just wants equality at McLaren (Friday February 13 2015)

Honda plan upgrades for next test (Wednesday February 11 2015)

Force India look set to miss second test (Tuesday February 10 2015)

Marussia push on with return (Monday February 9 2015)

Force India block Marussia return (Friday February 6 2015)

Raikkonen and Ferrari on top in Jerez (Thursday February 5 2015)

Signs of progress for McLaren? (Wednesday February 4 2015)

Marussia to exit administration (Wednesday February 4 2015)

Sauber top third day (Wednesday February 4 2015)

Early struggles for McLaren Honda (Tuesday February 3 2015)

Hamilton set for contract talks (Monday February 2 2015)

Formula One teams hit the test track (Monday February 2 2015)

Bernie wants one wish (Friday January 30 2015)

Could F1 lose German Grand Prix? (Tuesday January 27 2015)

New engines attract new fans (Friday January 23 2015)

Vettel's big gamble at Ferrari (Wednesday January 21 2015)

Honda allowed to make in-season changes (Tuesday January 20 2015)

Qatar bid for F1 scuppered? (Monday January 19 2015)

More aggressive tyre strategy in 2015 (Wednesday January 14 2015)

Robson swaps McLaren for Williams (Friday January 9 2015)

2015 Formula One Calendar (Thursday January 8 2015)

All change at Sauber (Thursday January 8 2015)

F1 teams to exploit engine rule loophole (Wednesday January 7 2015)

Korea dropped for 2015 (Wednesday January 7 2015)

Podromou is McLaren's master (Friday January 2 2015)

Long recovery for Ferrari (Thursday January 1 2015)

Red Bull Racing retain Buemi (Wednesday December 31 2014)

Talks to save Caterham continue (Tuesday December 30 2014)

Vettel had a great run at Red Bull (Friday December 26 2014)

Hamilton reflects on Rosberg rivalry (Wednesday December 24 2014)

Vergne joins Ferrari (Tuesday December 23 2014)

Trio depart Ferrari (Friday December 19 2014)

Ecclestone to propose v8 return (Thursday December 18 2014)

20 stolen Red Bull trophies recovered (Wednesday December 17 2014)

Gutierrez joins Ferrari (Tuesday December 16 2014)

Hamilton wins SPOTY (Monday December 15 2014)

McLaren confirm Alonso return (Thursday December 11 2014)

McLaren confirm Button on multi-year deal (Thursday December 11 2014)

Button stays at McLaren (Thursday December 11 2014)

Ricciardo surprised himself (Wednesday December 10 2014)

Red Bull factory ram-raided (Monday December 8 2014)

McLaren board meeting fails to decide (Friday December 5 2014)

2015 - Formula One's biggest season yet (Thursday December 4 2014)

FIA file report on Bianchi crash (Thursday December 4 2014)

Virtual Safety Car to get debut in 2015 (Wednesday December 3 2014)

Vettel completes first day at Ferrari (Tuesday December 2 2014)

Caterham could run old cars in 2015 (Tuesday December 2 2014)

Toro Rosso announce Sainz Jr for 2015 (Monday December 1 2014)

Formula One scrap double points round (Friday November 28 2014)

Problems for McLaren Honda continue (Thursday November 27 2014)

Successful season for Williams (Wednesday November 26 2014)

McLaren Honda manage 3 laps (Wednesday November 26 2014)

Caterham takeover complete 'in weeks' (Wednesday November 26 2014)

Audio: Abu Dhabi Recap (Tuesday November 25 2014)

Force India confirm Perez place (Tuesday November 25 2014)

Wolff praises Mercedes team-mates (Monday November 24 2014)

Greatest day for Hamilton (Monday November 24 2014)

Rosberg wins friends in defeat (Monday November 24 2014)

Blog: Abu Dhabi GP Report (Sunday November 23 2014)

2014 - Abu Dhabi - Race (Sunday November 23 2014)

Blog: Abu Dhabi Qualifying (Saturday November 22 2014)

Red Bull DQ'd from Abu Dhabi Qualifying (Saturday November 22 2014)

2014 - Abu Dhabi - Qualifying (Saturday November 22 2014)

Archived Vital F1 Articles

List All Vital F1 Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Red5 1034
2. DJ 932
3. The Fear 771
4. Villaininthemerde 612
5. johnkelv 573
6. Druss_the_Legend 528
7. Push The Button 441
8. col8 334
9. The Intimidator 155
10. __villa__ 145

Current Site Poll (view all polls)

Who holds the best driver pairing in 2015?
Mercedes: Hamilton & Rosberg 29%
Red Bull: Ricciardo & Kvyat 3%
Ferrari: Vettel & Raikkonen 20%
McLaren: Alonso & Button 45%
Williams: Massa & Bottas 3%