Feb.20 (GMM) Mercedes’ Formulation 1 workforce has denied it might be about to lose its one-third proprietor and main sponsor Ineos.
The Telegraph newspaper reviews that Toto Wolff was at odds with fellow one-third workforce proprietor Sir Jim Ratcliffe, founder and CEO of the chemical substances firm, final 12 months.
Correspondent Tom Cary mentioned they “got here near splitting”.
The revelation comes sizzling on the heels of the general public debut of Mercedes’ new livery for 2025 – with Ineos branding now very troublesome to identify.
Blick newspaper correspondent Roger Benoit, one of the revered journalists within the Formulation 1 paddock, is equally reporting that Ineos “is claimed to have a mountain of debt amounting to a number of billion”.
A workforce spokesperson, nonetheless, insists that Mercedes’ relationship with Ineos is “ongoing and steady”, and that the partnership is “not in query”.
However there isn’t any denying that the pink airbox ‘Ineos’ branding that was nonetheless current on Mercedes’ 2024 automotive for Lewis Hamilton’s last race for the workforce in Abu Dhabi final 12 months is now fully clean and painted gray on the ’25 livery.
Ineos and Ratcliffe, 72, are but to remark.
