McLaren will retain its engine supply deal with Mercedes-Benz for at least another six years, despite the German car company's new involvement at Brawn GP.
http://www.autosport.com/news/report.php/id/80172With Mercedes switching its main focus to Brawn GP, it has also been announced that the McLaren Group will purchase the 40 per cent shareholding that Daimler AG currently has in the team. This will take place in a phased process to be completed before 2011.
Norbert Haug admitted Mercedes is interested in Heidfeld. But I assume Mercedes don't really need TWO german drivers in the team, and Merc. probably wouldn't mind to pay Button a few extra mil. I really hope Button doesn't go to McLaren. =SWhiteBlue wrote: Dennis and Ohje indeed had a preferred option for the Mercedes owned equity and are paying 200 mil$ which is about the same they got initially. In Germany AMuS is saying they will certainly try to get Button. Heidfeld isn't in the plan for MercGP
yep, McLaren made their decision with the development of the MP4-12C. At that point their shareholder was alienated, & today inevitable.WhiteBlue wrote:I think Ron Dennis is right in saying that it is a win win. The decision to have competing road cars has driven this split. I believe that the road car decision isn't one sided at all. Dennis has a clear vision of Scuderia McLaren.
So that's 6 years for McL to develop/acquire in house engine capability? I guess any cash will go towards buying the shares back in years 1 & 2, then they can start to think about funding their own engines in years 3 to 6?McLaren wrote: Merc engine supply until 2015.
The team will continue to be known as Vodafone McLaren Mercedes, its distinctive silver-with-red livery will remain unchanged, and Mercedes-Benz will continue as both an engine supplier and a partner.
Transfer of Merc shares back to McL in 2010 and 2011
Rob W wrote:Wonder what the paint-scheme will look like? McLaren's statement makes a point to say their colour scheme will continue - almost counting out McLaren-Brawn doing the full silver arrows kit many would expect to see.
Also, today's valuation of the team's value will be a lot less than 18 months ago so that helps Ron. If rumours are correct that the shares haven't changed in price, then Ron has made a financial killing because he's got the development and investment for free (and no inflation either!)Rob W wrote:agreed value on shares when there is really only one possible buyer is almost always below what you'd get if it was a truly open-market sale. This is simply the hit Mercedes were willing to take to go into running their own team. Good on them for making such a big change.