{"id":3454,"date":"2010-03-19T07:57:11","date_gmt":"2010-03-19T11:57:11","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=3454"},"modified":"2010-03-19T07:20:58","modified_gmt":"2010-03-19T11:20:58","slug":"11-per-cent-of-mclaren-still-owned-by-mercedes","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/11-per-cent-of-mclaren-still-owned-by-mercedes\/","title":{"rendered":"11 per cent of McLaren still owned by Mercedes"},"content":{"rendered":"<h5><span style=\"color: #000080;\">McLaren has not yet bought back all of the 40 per cent stake in the Woking based company formerly owned by Mercedes-Benz.<\/span><\/h5>\n<p>\u00a0<\/p>\n<p>When announcing they would become competitors late last year, Daimler chairman Dieter Zetsche said the 40 per cent stake in McLaren would be wound back by 2011.<!--more--><\/p>\n<p>The current engine deal is staying in place until 2015, but McLaren also confirmed that Mercedes&#8217; 40 per cent stake would be bought back.<\/p>\n<p>&#8220;As a result, the McLaren Group will become a fully independent stand-alone corporate entity,&#8221; the company said last November.<\/p>\n<p>At the launch of McLaren&#8217;s new MP4-12C production supercar on Thursday, team boss Martin Whitmarsh suggested that 29 per cent of Daimler&#8217;s stake has now been acquired by the McLaren Group.<\/p>\n<p>McLaren&#8217;s other shareholders are the Bahrain state holding group Mumtalakat (30pc), Ron Dennis and the TAG Group (15pc each).<\/p>\n<p>Whitmarsh said &#8220;some&#8221; of the profits of the sale of production supercars &#8220;will come back into formula one&#8221;, although another project could be taking on its arch-rival Ferrari in GT racing.<\/p>\n<p>He said McLaren officials visited Ferrari&#8217;s Maranello headquarters last week.<\/p>\n<p>&#8220;Our message there was &#8216;We want to race with you.\u00a0 Where are you going to go?\u00a0 Why don&#8217;t we go together?'&#8221; said Whitmarsh.<\/p>\n<p><em><span style=\"color: #999999;\">\u00a9 RIF|GMM<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>McLaren has not yet bought back all of the 40 per cent stake in the Woking based company formerly owned by Mercedes-Benz. \u00a0 When announcing they would become competitors late last year, Daimler chairman Dieter Zetsche said the 40 per cent stake in McLaren would be wound back by 2011.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[5262,491,5284,1051,8,1052,880,1053],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/3454"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=3454"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/3454\/revisions"}],"predecessor-version":[{"id":3455,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/3454\/revisions\/3455"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=3454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=3454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=3454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}