News Details

Family to return Lauda's team stake to Mercedes

Jan.28 Niki Lauda's stake in the works Mercedes team will be returned to the German carmaker. Last August, a few months after the F1 legend and team chairman's death, we reported that the Lauda family was likely to sell the stake, believed to be 10 percent. When asked if the family would keep it, fellow shareholder and team boss Wolff said at the time: "No. We will make a decision about that after the summer break." No news was immediately forthcoming, but Lauda's son Mathias has now told La Gazzetta dello Sport that the shares will be returned to Mercedes. "This was already foreseen in a contract that was made a few years ago," he said. "It was decided that the...
Full Story »
Share

You May Also Be Interested In...

Jean Todt: F1 personnel shouldn't moan about expanding...

FIA President Jean Todt believes those who work within Formula 1 should...
8mo ago from MotorsportWeek.com

Schumacher family karting track saved from extinction!

The Erftlandring outdoor karting complex in Kerpen where Michael...
8mo ago from F1i.com

Tall Ocon happy to fit in 2020 Renault cockpit

Jan.21 Esteban Ocon may not have raced since 2018, but he is already...
8mo ago from OneStopStrategy.com

Ocon: I will fit in the car

Esteban Ocon may not have raced since he stepped out of the cockpit of a...
8mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Cal Crutchlow ruptures ankle ligaments in Barcelona

Cal Crutchlow, aiming to make his MotoGP return in Barcelona this...
10h ago from Crash.net

Quartararo: Difficult to win MotoGP races if Yamaha...

Petronas SRT's Fabio Quartararo admits it's "difficult to win a...
13h ago from AutoSport.com

Marc Marquez talks recovery, 'strange' season,...

The Repsol Honda team has released the following Q&A with injured...
17h ago from Crash.net

Popular On IndyCarToday.com

Veach leaves Andretti Autosport with immediate effect

Andretti Autosport has announced it has parted ways with Zach Veach with...
12h ago from MotorsportWeek.c...

Veach to leave Andretti IndyCar seat with immediate...

Zach Veach has relinquished his Andretti Autosport IndyCar with immediate...
13h ago from AutoSport.com

Podcast: [email protected] - choosing the greatest Indycar...

The greatest Indycar is the focus of the fifth episode of the Autosport 70...
11h ago from AutoSport.com

Popular On TotalWRC.com

Mäkinen Describes Tänak's Tactic as...

Toyota Gazoo Racing team principal Tommi Mäkinen is not happy over the...
13h ago from TheCheckeredFlag...

Tidemand takes WRC2 lead with victory in Turkey

Pontus Tidemand won Rally Turkey last weekend and as a result sees him...
15h ago from TheCheckeredFlag...

Agreement reached for rallying to continue in Wales...

An agreement has been reached between Motorsport UK and Natural Resources...
20h ago from MotorsportWeek.c...

Mäkinen to Step Down as Toyota Team Principal at End...

Tommi Mäkinen will step away from his role as the team manager at Toyota...

Popular On GunnersToday.com

Leicester City 0-2 Arsenal | 5 Talking Points |...

Mathaeus Abuwa FOLLOW ANALYST Modified 24 Sep 2020, 10:19 IST Feature...
49m ago from SportsKeeda.com

Arsenal boss Mikel Arteta casts doubt over Mesut Ozil...

Arsenal boss Mikel Arteta has admitted it is hard for outcast Mesut Ozil...
7h ago from DailyStar.co.uk

Highlights: Arsenal beat Leicester in the cup

We sealed our place in the fourth round of the Carabao Cup thanks to two...
5h ago from Arsenal.com

Video: Leicester escape vs Arsenal as no penalty given...

You can generally tell if something's a penalty depending on the reaction...
10h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.