Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Towards a 'Third Intifada'?

Read more

IN THE PAPERS

Germany and Russia discuss secret Ukraine deal

Read more

DEBATE

Iraq's Christians: Nowhere to Run? (part 2)

Read more

IN THE PAPERS

France commemorates a hero of the left

Read more

DEBATE

Iraq's Christians: Nowhere to Run?

Read more

WEB NEWS

Fake Twitter accounts spread chinese propaganda

Read more

FOCUS

What solutions for California's overcrowded prisons?

Read more

MIDDLE EAST MATTERS

Gaza conflict: Palestinians mark sombre Eid

Read more

WEB NEWS

Celebrities in the Israel-Gaza crossfire

Read more

  • Israel calls up 16,000 more reservist as Gaza death toll soars

    Read more

  • Scores feared dead in India landslide

    Read more

  • Video: Inside Hamas ‘terror’ tunnels in Gaza

    Read more

  • Sierra Leone quarantines Ebola outbreak epicentres

    Read more

  • Russia defiant as US, EU unveil 'phase three' sanctions

    Read more

  • Iraq's Christians: Nowhere to Run?

    Read more

  • US House votes to sue Obama for over-reaching his powers

    Read more

  • Argentina fails to reach deal with creditors

    Read more

  • Women should not laugh in public, Turkey's deputy PM says

    Read more

  • Suspect in Jewish Museum attack charged with 'terrorist' murder

    Read more

  • Fourth female suicide bomber targets Nigerian city

    Read more

  • US rebounds to 4% growth in second quarter

    Read more

  • Rats on the rampage at Louvre museum gardens

    Read more

  • 'Compelling' signs Kosovo leaders trafficked organs, prosecutor says

    Read more

Sport

Mercedes buy controlling stake in F1 champions Brawn GP

Text by News Wires

Latest update : 2009-11-16

Mercedes bought a controlling stake in Formula One world champions Brawn GP and pulled out of rival team McLaren on Monday in a move that is likely to see drivers champion Jenson Button move to McLaren next season.

AFP - Mercedes on Monday bought a controlling stake in Formula One world champions Brawn GP in a move which is likely to see Jenson Button join McLaren next season.

The German car giant, which has taken a 75 percent stake in Ross Brawn's team, will be rebranded Mercedes GP, Dieter Zetsche, chairman of parent company Daimler AG and head of Mercedes-Benz, announced.

Team principal Ross Brawn, who took over the British-based outfit after former owners Honda quit the sport at the end of 2008, will remain in his role.

Brawn it was who masterminded the team's spectacular rise from the dark days of Honda's pull-out to both the constructors and drivers' world titles.

However, the future of his drivers is uncertain.

The new outfit are expected to plump for Nico Rosberg as their number one driver - a move that would be popular in Germany - with his countryman Nick Heidfeld his likely partner.

Neither driver has been confirmed although on Sunday Mercedes Sports boss Norbert Haug revealed he was attempting to secure Heidfeld, who has driven for BMW since 2006.

"We are speaking with Nick Heidfeld as well," Haug said.

"Mercedes-Benz supports the idea of signing an experienced and capable German driver. There is however no reason to finalise the driver situation too hastily."

Newly crowned drivers champion Button, who visited McLaren's headquarters last Friday, is widely tipped to sign for the British team to drive in an all-English partnership with 2008 champion Lewis Hamilton next year.

Mercedes, whose engines powered Button to the 2009 title, will continue to supply McLaren for the 2010 campaign.

Since clinching the title in Brazil Button has been in protracted contract negotiations with Brawn and reportedly turned down a four million pound offer.

That represents a 1million rise on his 2009 salary after taking a five million pay cut when Ross Brawn took over from Honda.

Button's 2009 teammate Rubens Barichello this month signed to drive for Williams.

The purchase of the Brackley-based Brawn team was funded by Mercedes' parent company, Daimler AG, and the Abu Dhabi investment fund Aabar, Daimler's largest shareholder.

In a statement Ross Brawn said: "Brawn GP has been through an incredible journey over the last 12 months.

"From fighting for our survival to forging a strong relationship with Mercedes...winning both the constructors and drivers world championships, and now accepting Aaber and Daimler's offer to buy our team which will secure its future."

He said that all senior management at the team would remain in their jobs.

Date created : 2009-11-16

  • FORMULA ONE

    Toyota latest to pull out of F1 circuit

    Read more

  • FORMULA 1

    Barrichello teams up with rookie Nico Hulkenberg next season at Williams

    Read more

  • FORMULA ONE

    Credit crisis drives tyre company Bridgestone out of F1

    Read more

COMMENT(S)