أرشيف وسم ‘ Mercedes Benz Grand Prix ’

Posted on Monday, February 28, 2011

Daimler complete Mercedes buy out

The Mercedes GP Formula 1 team is now wholly owned by the car manufacturer's parent company Daimler AG and financial partner Aabar Investments PJS after the pair bought out the remaining stakeholders, which featured several key figures in the team. Daimler now own 60%, with Aabar owning the remaining 40%. Dr Dieter Zetsche, CEO of Daimler AG, said "The acquisition of a majority stake holding in our Silver Arrows team sends a clear signal that we intend to achieve technical and sporting success on world […]