Mercedes to Announce Brawn Buyout Today?
According to several reports in the UK and Germany, it seems the aforementioned press conference was scheduled to confirm the German company's buying into the Brawn GP outfit, therefore conforming the rumors that surfaced in the media in recent months.
Daimler is still 40% stakeholder in McLaren F1 Team, but the German car maker looks set to switching factory support to Brawn in the next few years. According to the initial rumors, Mercedes are interested in 70% share of the Brackley based team, following their fruitful partnership in 2009.
Mercedes powered the title-winning Brawn GP cars throughout the 2009 season and are set to continue their supply of power plants to the Brackley factory for the upcoming season. However, as the same reports claim, Mercedes will not stop the supply of engines to McLaren. Not only that, but Mercedes are preparing to confirmed their engine partnership with McLaren F1 Team for the long term.
It is yet uncertain when the factory support from Woking to Brackley will take place, or even if this change of strategy will happen. Buying into two Formula One teams at the same time seems strange to say the least, especially since they are both title chasers year in and year out. However, such a move would certainly help Brawn GP a lot, as they are currently lacking the funds for the 2010 campaign.
An announcement from the Mercedes officials is due to appear any time now, so stay tuned for more information on the matter.