R&T: Mercedes-Benz Now Owns Its Formula One Team
So you thought it already did? Turns out that back in March 2009 as financial markets were collapsing, Abu Dhabi’s Aabar Investments bought a 9 percent share of Daimler AG. With that tie-up to the German automaker came a 40 percent stake in the Mercedes-Benz Formula 1 team.
As reported by Bloomberg, Aabar has been ending [...]
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