• Tue 25 Oct, 2016
  • 14:50 BST
  • 10:50 EST (BST-4)
  • 16:50 CEST (BST+2)

Brawn Confirm Mercedes Takeover

MOTORSPORT : Mercedes-Benz will head up their own Formula One team next season after taking a 75.1% share in Brawn GP, the British-based constructors have confirmed.

Mercedes-Benz will head up their own Formula One team next season after taking a 75.1% share in Brawn GP, the British-based constructors have confirmed.
Mercedes engines powered Brawn’s Jenson Button to the world championship in the recently-completed season and the team also claimed the constructors’ championship, while Lewis Hamilton, Button’s predecessor as world champion, was also sitting behind a Mercedes engine in his McLaren.
Ross Brawn will remain as team principal. The team will become known as Mercedes Grand Prix, with Brawn in control, while Mercedes-Benz Motorsport vice-president Norbert Haug will work with the F1 team and the engine team of Mercedes-Benz High Performance Engines.
As part of the deal, Mercedes’ parent company Daimler AG relinquished their 40% stake in McLaren, but will remain their engine suppliers for the next six seasons.
A statement released on Brawn GP’s website, www.brawngp.com, read: “Mercedes-Benz will enter the Formula One World Championship with its own team, beginning with the 2010 season, and Daimler AG and McLaren Group will change their form of cooperation with effect as of 13 November 2009. This was announced by Daimler AG today.
“Daimler AG together with Aabar Investments PJSC will take over 75.1% of the Brawn GP team, with Daimler taking 45.1% and Aabar 30%. The rest of the 24.9% will remain with the current stakeholders.”
The move could have ramifications for the out of contract Button, with Mercedes believed to favour an all-German partnership of Nico Rosberg and Nick Hiedfeld.
Such a move could see Button link up with Hamilton at McLaren and the 29-year-old from Frome, Somerset was believed to have toured McLaren’s Woking factory last week.

Subscribe & Share

Get stories like this delivered to you:

  • Facebook
  • Linked In
  • Twitter
  • Digg
  • Stumbleupon
  • Email
  • Bookmark
  • Print

Related Posts

  • No Related Posts

Betting Highlights Today

Live TV Coverage


Tue: 19:45

Liverpool v Spurs: League Cup


Tue: 19:45

Genoa v AC Milan: Serie A


Tue: 17:00



Tue: 14:00



Tue: 13:50

Catterick & Bangor


Tue: 13:00

ATP Erste Bank Open: Day 2

Horse Racing On TV | Sport On TV | Odds

Newsletter Subscription

Never Miss Another Great Offer

Sign up for our newsletter and get the latest free bets, tips and sign up promotions and more sent to your inbox every week.


About Betrescue

Betrescue.com is one of the world’s leading gambling portals, offering free bets, odds comparison, live scores and results, betting tips, bookmaker and sports betting news, betting exchange, spread betting, mobile betting apps, casino and poker guides.

At Betrescue.com we keep you up-to-date with all the breaking betting news stories from the sporting world, tell you where to find the best betting odds and help you to get the best value for money.

©2016 Betrescue Ltd. All rights reserved.

Betrescue supports responsible gambling. For more information visit GamCare and Gamble Aware.