Friday, February 4, 2011

F1: Daimler points to 100% of Mercedes GP

At the start of the season, the league maximum of Formula 2011 will be ... a bit 'more Arabic. Not only because it will fire from the F1 Bahrain Grand Prix, but also because, according to sources close to Daimler, Mercedes GP will be taken over by a consortium Joint Mercedes-Benz and Aabar, the fund's investment Khadem Al Qubaisi, which in 2009 had acquired a 9.1% share of the Daimler Group.

The news was reported, in these days, from fifteen German Auto Motor und Sport. In detail, the operation, to be concluded in the coming weeks, will allow Daimler to fully detect the Mercedes Grand Prix team at the beginning of the season. Will Ross Brawn, team principal of the Mercedes Grand Prix, to give up their Mercedes to 24.9% and the investment fund Arabic Aabar.

The result will result in an economic advantage for Daimler, which will no longer have to rely on the English partner in view of the massive investments: first of all, driving simulators to be used from next year, and which have a nominal cost ranging between 5 and 10 million €. Ross Brawn's role within the team, however, will remain unchanged, says the German periodical.

At the moment, it looks forward to a comment from the management of Daimler, though Khadem Al Qubaisi, in recent days said a possible alliance with Daimler development: "In addition to its partnership with Daimler and Tesla in a joint venture with Mercedes GP, our goal is to point to unique projects, ambitious, and satisfying for both.

" It is no secret that Aabar is satisfied the acquisition of 9.1% of the share capital of the Daimler Group, which took place in early spring 2009, and has allowed the fund to become the largest investor in the shares of the Group German. These days, the same Khadem Al Qubaisi, at the launch of the new Mercedes SLK took place in Stuttgart, said that the acquisition of 9.1% of Daimler "It 's been one of our best bargains, so that the company often re-examine their options.

But at the moment, we do not intend to increase our share. ";]]> Aabar in March 2009, had acquired 9.1% of Daimler, in the form of 90.4 million shares, $ 2.7 billion (1 billion 960 million euro): an operation that had enabled the German group to defend itself better against one of the most serious crisis in the auto industry's history.

Which has proved a good deal, as demonstrated by the increase in nominal value of securities: In March 2009, Aabar had purchased the shares in Daimler € 20.27 each. Last Friday, at the close of trading on the Frankfurt Stock Exchange, Daimler was quoted € 54.52.

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