Sir Jim Ratcliffe has received plenty of criticism for his running of Manchester United, but it is unlikely to have an impact on his other major investment in sport including his co-ownership of the Mercedes Formula 1 team.
Ratcliffe’s involvement in Mercedes first started in early 2020 when his company, Ineos, signed a sponsorship deal with the team. That quickly evolved to Ineos acquiring a third of the shares the F1 team from Mercedes’ parent company, Daimler, at the end of 2020. It means that the team is equally owned by Daimler, which reduced its holding from 60% to 33.3%, Ineos with 33.3%, and team principal Toto Wolff whose stake was increased to 33.3%.
