Daimler AG acquires full ownership of Mercedes F1 

The Mercedes AMG Petronas F1 Team is now under full ownership of German manufacturer Daimler AG which has acquired the shares previously owned by middle east investments company Aabar.

Daimler AG all these years owned 60 per cent, with the remaining 40 per cent belonging to Aabar Investments following the sale of the team in 2009 when it was known as Brawn GP and under the ownership of Ross Brawn and Nick Fry.

The Mercedes road car division Diamler AG confirmed on Monday that it had taken over the full ownership for an undisclosed figure.

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