Feb.20 (GMM) Mercedes’ Components 1 crew has denied it may very well be about to lose its one-third proprietor and main sponsor Ineos.
The Telegraph newspaper stories that Toto Wolff was at odds with fellow one-third crew proprietor Sir Jim Ratcliffe, founder and CEO of the chemical compounds firm, final yr.
Correspondent Tom Cary stated 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 crucial revered journalists within the Components 1 paddock, is equally reporting that Ineos “is alleged to have a mountain of debt amounting to a number of billion”.
A crew spokesperson, nevertheless, 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 crimson airbox ‘Ineos’ branding that was nonetheless current on Mercedes’ 2024 automobile for Lewis Hamilton’s closing race for the crew in Abu Dhabi final yr is now utterly clean and painted gray on the ’25 livery.
Ineos and Ratcliffe, 72, are but to remark.
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