[update] Nick Fry no longer a director at the company who owns Mercedes GP
February 16, 2010 by vmr
Filed under People & Events
Contrary to earlier reports, Nick Fry has not been removed as CEO of Mercedes GP. However, Fry and four other directors at the former Brawn GP have left their positions as directors at the new Mercedes GP to make way for new directors from Daimler and Aabar Investments, the two companies who bought out the [...]
Op-Ed: Mercedes GP might need to worry about 2010 readiness
January 26, 2010 by vmr
Filed under F1B Op-Ed, Prime & Option, VMR on Sunday
Monday was the dawning of a new week and a turning of a new leaf in Formula1 off-season news. Two new teams had major news: Mercedes GP Petronas (we’ll discuss it’s “new team” status in a moment) unveiled its 2010 Silver Arrows livery, as seen in this previous F1B article, while USF1 announced that it [...]
Mercedes F1 investment questioned
December 24, 2009 by Negative Camber
Filed under Prime & Option, Top Story
You may recall the criticism leveled at Daimler Mercedes when they purchased Brawn GP a month ago:
“In these economically difficult times, the company should invest in better marketing of its real cars,” said Erich Klemm, head of Daimler’s works council.
Those same sentiments are being echoed with the announcement yesterday that Mercedes GP Petronas has signed [...]
Henkel “a brand like a friend” is no friend to MercedesGP, or Daimler
December 14, 2009 by vmr
Filed under Prime & Option, Top Story
Multiple news stories have been published Monday, noting that there is a fraud investigation underway regarding The Team Formerly Known as Brawn (cue questions about Michael Schumacher), and a sponsorship deal with German manufacturer Henkel that has involved the team’s new parent company Daimler.
Apparently, while the team was still BrawnGP, a sponsorship deal was hammered [...]
Daimler’s exec critical of Brawn purchase: “costly and controversial circus”
November 20, 2009 by Negative Camber
Filed under F1B Op-Ed, Negative Camber, People & Events
As the financial woes of the current global economy seep through the myriad industries of commerce and leisure, I was intrigued by three news articles. The first was a Telegraph piece By Christian Sylt and Caroline Reid. The second was by our friends at F1-Live (GMM as source and we know how that raises to [...]
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