Mercedes In Brawn GP Buyout?

Stuart Baird by Contributor Written on September 08, 2009
KAPALUA, HI - JANUARY 10:  A Mercedes Benz flag flies during the second round of the Mercedes Championship at the Plantation Course on January 10, 2003 in Kapalua, Maui, Hawaii. (Photo by Scott Halleran/Getty Images) (Photo by Scott Halleran/Getty Images)

Motoring giant Mercedes-Benz is set to buy a stake in newcomers, Brawn GP.

The German company already supplies Brawn with engines for its cars, in a customer deal, but now the company looks to be repeating its actions with current F1 partner Mclaren.

Mercedes also supplies Force India with customer engines.

Brawn are in need of a main backer, in order to continue its racing activities. After long negotiations with the Virgin Group came to nothing more than a mild sponsorship deal, Brawn continued looking for another source of income.

A deal with Mercedes, similar to that of Mclaren's, would provide Brawn GP with security needed in order to obtain a title sponsor.

Mercedes bought 40% of Mclaren, in 1999, at a reported cost of £400 million. The two companies have since had a lot of disagreements with regards to Mclaren producing Mercedes' SLR supercar.

Although, unsuprisingly, Mercedes have refused to comment on the matter, a Reuters quote provides some evidence to the rumour.

"Our cooperation with various Formula One teams obviously gives rise to various rumours," said a Mercedes spokesperson.

Mclaren, on the other hand, have been quite vocal about the relationship between Mercedes and Brawn.

"we're supportive of our partner's plans to re-engine supply of other teams in Formula 1 and we were delighted earlier this year that a Mercedes-Benz engine supply deal was able to be done with Brawn, thereby saving that team from likely extinction."

Brawn have remained silent on the matter.

(1)
...
Share This  
Crop_45x45
or to post this comment

20 Comments

There are no comments yet. Get the conversation started by leaving the first comment

Loading more comments...
posted just now
  • Loading...
  • Nobody has liked this comment yet
Cancel

This comment and all replies have been deleted This comment has been deleted Undo delete

274
reads

20
comments

written on September 08, 2009 Breaking News

The best newsletter on the web

Subscribe Now

We will never share your email address


CBS Sports Official Partner
Certain photos copyright © 2009 by Getty Images.
Any commercial use or distribution without the express written consent of Getty Images is strictly prohibited.