Mercedes Buys Out Brawn GP
F1 world champions sell controlling stake to Mercedes-Benz
Mercedes is set to buy a controlling interest in Formula One constructors' and drivers' champions Brawn GP, which has used Mercedes-supplied engines this year.
The German car maker will take a 75 per cent stake in the Brawn GP squad, but will continue as an engine supplier to McLaren - in which it holds a 40 per cent stake - for the foreseeable future.
The CEO of Mercedes, Dieter Zetzche, and motorsport boss, Norbert Haug, are expected to reveal details of the deal in a press conference later today (Monday 16th November) - including what the company plans to do with its 40 per cent shareholding in McLaren.
McLaren buys itself back from Mercedes
According to the BBC, the new Brawn-Mercedes driver line-up is expected to consist of Nico Rosberg as the lead driver with Nick Heidfeld in the second seat. Ross Brawn is expected to remain as team principal.
World champion Jenson Button is expected to jump ship to McLaren to Partner Lewis Hamilton. Button had been angling for a pay rise over his current £3.5m Brawn GP salary, but Mercedes is said to have no interest in retaining his services at Brawn.
McLaren is rumoured to have offered Button around double what he was on at Brawn, although paddock gossip suggests that McLaren's 2010 contender will actually be more competitive than the 2010 Brawn, too.
ETA : http://www.f1times.co.uk/mercedes-confirm-brawn-bu...
What do we think?
I would of liked to see more racing teams and less manufacturer involvement, as they usually f
k things up.I guess I hope that the German drivers in the Mercedes team have a bad year really.
Ross Brawn has sold out. I for one won't be supporting him or his team anymore.
Just leaves Button on the fence as to who will meet his demand for salary, its looking more like Mclaren now as Mercedes want an all German driver line up.
I would of liked to see more racing teams and less manufacturer involvement, as they usually f
k things up.I guess I hope that the German drivers in the Mercedes team have a bad year really.
Ross Brawn has sold out. I for one won't be supporting him or his team anymore.
I know F1 is the pirhana club but this is, to me, a very good reason not to wish Brawn / Mercedes well.
What an exit strategy.
Not only has he secured an historic World Championship, he's probably filling his bath with £50 notes from the Merc pay off.
Well done Ross, top quality move.
As always.
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