Mercedes-Benz Set to Become a Shareholder in Jenson Button’s Brawn GP Team

Mercedes-Benz Set to Become a Shareholder in Jenson Button's Brawn GP Team

Mercedes-Benz Set to Become a Shareholder in Jenson Button's Brawn GP Team


The German manufacturer, which already owns a 40 per cent stake in McLaren, is believed to have considered dropping its association with Lewis Hamilton’s team in favour of a full buy-out of Brawn earlier this year.

However, that was when the McLaren was struggling for pace and Hamilton was embroiled in a lying scandal. The team’s win in Hungary last month convinced Mercedes to continue its relationship with McLaren – although they will no longer produce road cars together – and expand its portfolio elsewhere.

A Mercedes-Benz Motorsport spokesperson last night denied speculation of a full-blown Brawn buy-out, though he did not deny that Mercedes could increase its involvement in a team it already supplies with engines.

“It’s our policy not to comment on rumours and we want to point out that we have longstanding contracts with McLaren,” he said.

Championship leaders Brawn are also remaining tight-lipped. Asked in early August about the prospect of a full buy-out by Mercedes, Brawn chief executive Nick Fry said he was “not aware” of a deal.

Fry announced later in the month that his team had secured backing for the next three years, leading to speculation as to who those backers might be.

Read the full story

You could get van insurance for as little as £276 (based on quotes provided to 10% of callers. (Source: MORE TH>N BUSINESS October 2009) when you buy online as well as other great offers when you buy a business insurance product.

With our home insurance policy, when you buy buildings insurance, we'll give you contents insurance up to £75,000 absolutely free! or for contents worth more, try our high value home insurance cover

Buy pet insurance online and benefit from a 20% discount! From 8 weeks old onwards, your pet cat or dog will be covered regardless of its age (covers each new injury or illness up to £7000).

Free helplines for legal advice, medical advice and post-accident counselling, and discounts on our breakdown cover with our car insurance UK based personal customer manager.

Apply at MORE TH>N and we'll give you the best quote from our panel of leading insurers to help find you the cheapest life insurance policy. Prices start from only £5 a month.

Choose a Newsfeed
use the newsfeed below to search the full Auto Racing Daily story archive