Former Formula 1 team boss turned pundit Eddie Jordan has claimed Ineos, a sponsor of the Mercedes F1 Team, is looking to take a majority stake in the outfit. Ineos is a UK-based multinational chemicals company owned by billionaire Sir Jim Ratcliffe, and currently sponsors the Mercedes team, with flashes of red appearing on the W11 as part of the deal this season. Jordan, who has a history of making bold claims which often hold some merit, said Ineos is seeking to takeover the team which would see it renamed, with the German manufacturer retaining just 30 per cent ownership. 'The ownership of the team is going to be taken over by Sir Jim Ratcliffe and Ineos,' Jordan said in an interview...
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