The opposite shareholders within the group are Mercedes and chemical compounds big Ineos, who every additionally personal a 3rd of the corporate.
A Mercedes spokesperson stated: “We will probably be making no touch upon this. The governance of the group will stay unchanged, and all three companions are absolutely dedicated to the continued success of Mercedes-Benz in Method One.”
The deal would signify a big improve in worth of Mercedes F1 since Ineos purchased its stake for £208m in 2022.
The rise displays the expansion in valuations of F1 groups up to now few years as a consequence of the growing attraction of the game around the globe.
This was additionally seen within the success of the F1 film starring Brad Pitt, which was launched final summer season and has grossed greater than $630m (£458m) on the field workplace. It’s Pitt’s most profitable movie and essentially the most profitable sports activities film.
Mercedes are second within the constructors’ championship, behind McLaren, with three races remaining this season.
Their lead driver George Russell has gained two of the 21 grands prix this yr and is fourth within the drivers’ championship behind McLaren’s Lando Norris and Oscar Piastri, and Crimson Bull’s Max Verstappen.
The group gained a report eight consecutive constructors’ championships and 7 drivers’ titles, six for Lewis Hamilton and one for Nico Rosberg, between 2014 and 2021.
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