McLaren to face buy-out? - Mercedes-Benz Forum

LinkBack Thread Tools Display Modes
post #1 of 3 (permalink) Old 11-27-2007, 12:03 PM Thread Starter
CH4S Artist
Teutone's Avatar
Date registered: Sep 2004
Vehicle: 1985 500SEC, 1991 190E 2.6.
Location: Los Angeles / Hannover Germany
Posts: 33,433
Mentioned: 11 Post(s)
Quoted: 936 Post(s)
Lifetime Premium Member
(Thread Starter)
McLaren to face buy-out?

McLaren to face buy-out?
Tue 27 Nov, 06:25 PM

DTM partner HWA targets F1 role from 2009.

The McLaren name could disappear from Formula One if rumours in Germany regarding Mercedes' DTM partner prove to be close to the mark.

According to the country's Focus magazine, race specialist HWA - the motorsport arm of Mercedes' tuning specialist AMG - has expressed an interest in graduating to Formula One, but not necessarily as a new team. Instead, the speculation is that the company will try to use its relationship with Mercedes to take over the running of the German giant's F1 interests, in place of McLaren.

AMG/HWA has built and run Mercedes' leading DTM cars since the turn of the century and is known to be collaborating on the Three Pointed Star's next road-going supercar, again replacing McLaren, which helped design and build the current $600,000 SLR. Because of this, and the fact that HWA is headed by former Mercedes CEO Jurgen Hubbert, the rumour mill is suggesting that Mercedes could also be poised to buy out the remaining shares in the McLaren operation to form a full 'works' operation from 2009.

Team boss Ron Dennis has made no secret of the fact that he will not go on running the team indefinitely, but hinted in the wake of September's second espionage hearing that plans were already in place for right-hand man Martin Whitmarsh to step up as his successor.

Mercedes first took a stake in the team when it bought 40 per cent of McLaren in a multi-million pound deal in 1999, but any plans to completely take the team over would be complicated by the sale of another tranche of the Woking operation earlier this year, when a members of the Bahraini royal family - under the Bahrain Mumtalakat Holding Company banner - confirmed that it had entered into an agreement to acquire a 30 per cent stake in McLaren Group Limited.

The agreement followed a period of negotiation with Dennis and representatives of both Mercedes parent company DaimlerChrysler AG and long-term McLaren partner, the TAG Group. The shareholding structure now sees DaimlerChrysler holding the biggest stake, albeit still at its original 40 per cent, with Mumtalakat Holding Company taking 30 per cent and Dennis and TAG holding 15 per cent each.

Of course, should there be resistance to HWA's plans - and there may well be if Dennis wants to hang on to his position until at least the time that Lewis Hamilton wins his first world title - openings are appearing for a possible independent operation, especially following recent news that Prodrive is to postpone its entry to the top flight until the customer car wrangle is sorted and with Renault facing potentially heavy sanction from the World Motor Sport Council after admitting to having possessed data removed, ironically, from McLaren's Woking headquarters by a departing employee.

In reality, neither is a solid option for HWA, which would likely have to rely on customer cars of its own to get started - posing the same problems as being faced by Prodrive, which awaits the outcome of a protest headed by Williams amongst others. Renault, meanwhile, announced that it had renewed its engine supply contract with Mecachrome for a further three years, suggesting that it would be no going anywhere, despite the likelihood of stiff financial punishment from the WMSC.

Should the be hit with a ban instead, however, points out that it 'could, in theory, be sold to a third party and continue to compete under a new identity', much as it did when taking a sabbatical in the mid-late 1990s and handing the reins to Mecachrome.

Whether Renault would be happy selling out to a Mercedes partner remains to be seen, however.
Teutone is offline  
Sponsored Links
post #2 of 3 (permalink) Old 11-27-2007, 12:14 PM Thread Starter
CH4S Artist
Teutone's Avatar
Date registered: Sep 2004
Vehicle: 1985 500SEC, 1991 190E 2.6.
Location: Los Angeles / Hannover Germany
Posts: 33,433
Mentioned: 11 Post(s)
Quoted: 936 Post(s)
Lifetime Premium Member
(Thread Starter)
HWA denies talk of 'F1 ambition'.
Tue 27 Nov, 06:25 PM

DTM aces claim no interest in F1 place.

Mercedes motorsport partner HWA has denied rumours suggesting that it is interested in extending its relationship into Formula One over the next couple of years.

The company, the motorsport arm of Mercedes tuning partner AMG, has successfully run the Three Pointed Star's DTM effort for most of the past decade, but was rumoured over the weekend to have begun casting its eye towards the top flight, with suggestions that Mercedes may use the move to end its partnership with McLaren.

HWA recently landed the deal to design and develop Mercedes' next road-going supercar, a role fulfilled on the latest SLR by McLaren, but has now denied that talk of Formula One was unfounded.

"There is nothing to it," director Jürgen Mattheis told, It's pure speculation and only that. Right now, we have no ambitions to be in F1."

The initial rumours suggested that Mercedes would use HWA to run its F1 team and assume control over the programme by ending its relationship with McLaren, possibly by buying Ron Dennis out of his stake in the team. Dennis currently holds a 15 per cent share of the McLaren company, while Mercedes' parent DaimlerChrysler holds 40 per cent. A Bahraini consortium holds 35 per cent following a deal struck in January this year, with long-term McLaren partner TAG owning the remaining 15 per cent.
Teutone is offline  
post #3 of 3 (permalink) Old 11-28-2007, 06:56 AM
BenzWorld Elite
mcbear's Avatar
Date registered: Apr 2004
Vehicle: E500Es
Location: The BlueGrass State
Posts: 29,579
Mentioned: 0 Post(s)
Quoted: 2 Post(s)
But wait...there's more...maybe

F1: AMG and HWA to Run Mercedes B-Team?
Written by: Autocar staff Stuttgart, Germany – 11/27/2007

Mercedes-Benz may be about to ramp up its presence in Formula 1 by signing up the motorsport arm of its in-house tuner AMG to run a Mercedes “B-team.”

According to reports in the German press, AMG’s racing arm HWA (with whom Lewis Hamilton won the 2005 Formula 3 Euro Series title) is preparing to enter a Mercedes-powered F1 team in 2009. Our information also suggests that the bid will be backed by money from a consortium of Middle Eastern businesses based in Dubai – potentially the same backers that might have invested in David Richards’ stalled Prodrive team, which was also set to run as a McLaren-Mercedes satellite operation.

If true, the HWA (the initials of the firm’s founder Hans Werner Aufrecht) could provide Mercedes with something that, some insiders claim, it has been lusting after since it first got involved with McLaren in 1995: the basis of a works team that it could exercise total factory control over.

It would also pour more fuel over the fire surrounding the turbulent relationship between Mercedes and McLaren. Next season will make it nine years since the latter won an F1 championship of any kind, a record which is rumored to be causing plenty of consternation with Mercedes.

With the current British-built Mercedes SLR McLaren road car likely to be replaced by an AMG-developed supercar, an HWA team would be an opportunity for the three-pointed star to sever all links with the Woking-based team. - The Online Motorsports Authority | Formula 1 | F1: AMG and HWA to Run Mercedes B-Team? | by Autocar staff | The latest Formula One headlines powered by RACER Magazine | Alonso, Schumacher, Räikkönen, Fisichella, Montoya, Massa, Button,


Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
mcbear is offline  
Sponsored Links

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Mercedes-Benz Motorsports & Racing

Quick Reply

Register Now

In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode

    Similar Threads
    Topic Author Forum Replies Last Post
    MOSLEY: McLAREN 'FACE AXE' IN 2008 Jakarta Expat Mercedes-Benz Motorsports & Racing 0 09-24-2007 11:00 PM
    Mercedes to buy outstanding McLaren shares? Teutone Mercedes-Benz Motorsports & Racing 10 09-14-2007 07:06 AM
    Time to buy a McLaren? Check Codes Off-Topic 12 08-10-2007 05:57 AM
    Why is DNC Chairman Dean afraid to go face to face? MS Fowler Off-Topic 5 11-13-2005 05:47 PM
    Exchanging pre-face lift door handles with post-face lift ones... Alan (Chicago) R170 SLK-Class 3 05-02-2003 01:01 PM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On


    Title goes here

    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome