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 mentioned: “We will probably be making no touch upon this. The governance of the group will stay unchanged, and all three companions are totally dedicated to the continued success of Mercedes-Benz in Method One.”
The deal would signify a major enhance 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 rising enchantment of the game world wide.
This was additionally seen within the success of the F1 film starring Brad Pitt, which was launched final summer time and has grossed greater than $630m (£458m) on the field workplace. It’s Pitt’s most profitable movie and probably 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 received two of the 21 grands prix this 12 months and is fourth within the drivers’ championship behind McLaren’s Lando Norris and Oscar Piastri, and Crimson Bull’s Max Verstappen.
The group received a document eight consecutive constructors’ championships and 7 drivers’ titles, six for Lewis Hamilton and one for Nico Rosberg, between 2014 and 2021.
