Petrochemicals giant Ineos has acquired a one third stake in the Mercedes Formula One team, the world champions said in a statement on Friday. The company, already a principal partner of the team, will become an equal stakeholder with parent company Daimler. The team will continue to race as the works Formula One team of Mercedes-Benz, the statement added.from Sports News: Latest Cricket News, Live Match Scores & Sports News Headlines, Results & more https://ift.tt/3p4GxOM
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