Rumors began to grow in the last hours about a possible sale of the team Mercedes. This Saturday, Eddie Jordan confirmed that the Ineos laboratory group intends to buy 60% of the shares of the German structure. The company is one of the most important sponsors of the black car.
According to the former team leader and current journalist, Eddie Jordan, the Ineos Group is about to buy 60% of the Mercedes team. The company is led by Jim Ratcliffe, one of the richest people in the world and the one with the most money in the whole of Britain. In recent years, Ratcliffe invested a lot of assets in various sports.
Sir Jim Ratcliffe and Ineos will take ownership of the team. The Ineos name is already on the side of the car anyway and they have this technology association, so this is a good start for Mercedes, ”confirmed Jordan. The possible sum that Ratcliffe will have to invest is 756 million euros, to be able to count on those shares of the team.
Also. Eddie Jordan added: “The team will be called Ineos, but it will continue to operate from the Brackley factory and Mercedes will retain a 30% stake in it. He will no longer be known as Mercedes and Toto Wolff, the team manager, will no longer be in charge. Despite this, in recent days, Wolff confirmed his continuity with Mercedes next year.
However, from the Mercedes team there was no response to this rumor. They have yet to confirm that it will pass with 30% of the shares that belonged to Niki Lauda. “Toto’s reputation as one of the great team leaders in the history of sport is already assured. What he has achieved with Mercedes puts him on the same level as Ron Dennis with McLaren and Jean Todt with Ferrari, but all good things end, ”Jordan concluded.