P1racenews AI automatic summary:
Toto Wolff has dismissed rumours that Mercedes has been on the verge of splitting from Sir Jim Ratcliffe’s INEOS, the F1 team’s part shareholder.
According to The Telegraph, there were reports before the F1 75 live event at London’s O2 Arena that the Silver Arrows were in tense negotiations to buy out the chemical giant’s stake in the team. INEOS currently shares an equal stake with Mercedes’ parent company and team boss Toto Wolff. Despite rumors of a split, Wolff denied any such claims, stating that INEOS remains one of the three key partners associated with the team. A Mercedes spokesperson also confirmed that there have been no discussions regarding a shareholder change and that sponsorship with INEOS is stable. George Russell leads the Mercedes team for the 2025 season alongside newcomer Andrea Kimi Antonelli. Lewis Hamilton’s departure to Ferrari in 2024 prompted the team to make changes for the new season.
