Posts with tag: McLaren

McLaren buys back majority of Mercedes’ stake

mp4 12c mclaren 540x343 McLaren buys back majority of Mercedes stake
McLaren head honcho, Martin Whitmarsh announced that their company bought back the majority of shares of Mercedes during the launch of their new supercar, MP4-12C. Daimler AG, which held 40 percent stake in McLaren, stated that they will be slowly parting ways with McLaren last November 2009, since they already had taken 75 percent of BrawnGP, together with Aabar Investments.

The buy back of McLaren was previously scheduled in March 2011. Now, it is confirmed by the McLaren boss that the deal is done. According to Whitmarsh, Mercedes still has about 11 percent of shares in the Woking based supercar manufacturer in his interview with Reuters.

Former McLaren team boss, Ron Dennis has 15 percent stake in McLaren as well as Saudi businessman, Mansour Ojjeh. The other 30 percent belong to Bahrain’s investment group, Mumtalakat.

Video: Mercedes-Benz SLR McLaren Speedster Spied Again


The Mercedes-Benz SLR McLaren Speedster was caught testing once again at the Nuerburgring in Germany, this time by Auto-Motor-und-Sport. We’ve seen the speedster before in another spy video, but the current video not only shows us the car sprinting around the track, but lets us actually hear hear the roar of the monster under the hood. It’s rumored that the top speed is at around 218mph and will be able to go from 0-300km/h (180mph) in 26 seconds. Enjoy.

Formula 1 Grand Prix in Turkey

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McLaren Mercedes driver Lewis Hamilton finished the Turkish Grand Prix in Istanbul in second place. After 58 laps, he came home 3.7sec behind winner Felipe Massa (Ferrari). Lewis’s team mate Heikki Kovalainen had to make an unscheduled stop on lap two following an incident at the first corner which damaged his left rear tire. Heikki ended up 12th. After the fifth of 18 Grands Prix, McLaren Mercedes is third in the Constructors’ Championship with 42 points; Ferrari leads with 63 points. Lewis is third in the drivers’ ranking with 28 points, tied on points with Felipe Massa in second place; Heikki is sixth with 14 points. Kimi Rà¤ikkà¶nen leads with 35 points.

Joint Statement from BMW and Mercedes on the Mosley Scandal

mosley1 lg 448x298 Joint Statement from BMW and Mercedes on the Mosley Scandal

If you’ve been following Motorsport news in the last couple of days, you will have learned about the scandal that FIA president Max Mosley has found himself in. Just to recap for everyone that missed this story. FIA president Max Mosley has been caught on video taking part in what seems like a Nazi fetish orgy, a British tabloid revealed earlier this week. The orgy, which involved five hookers dressed in prison uniform, allegedly took place near his home in London. A video of the full session was leaked to The News of the World. You can read all the details on the News of the World website.

F1 teams were quick to distance themselves from the FIA president. BMW and Mercedes issued a joint statement today condemning the actions.

The content of the publications is disgraceful. As a company, we strongly distance ourselves from it. This incident concerns Max Mosley both personally and as President of the FIA, the global umbrella organizationfor motoring clubs. Its consequences therefore extend far beyond the motor sport industry. We await a response from the relevant FIA bodies.

You can watch a short video of the Mosley tape after the break.

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