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Mercedes Still Rumored to Buy Out McLaren

July 28, 2008

MONTVALE, NJ – McLaren teamed up with Mercedes-Benz back in 1995, and ever since automotiveand motorsport journalists alike have been speculating that the German autogiant — which currently holds 40 percent equity — would buy out the Britishracing team, according to www.autoblog.com. However, Mercedes officials havecontinuously downplayed the suggestion, and no such moves have been made after12 years of collaboration.

The partyline from Stuttgart continues unchanged; however, McLaren CEO Martin Whitmarsh is indicatingotherwise. Speaking with the International Herald-Tribune (the overseasedition of The New York Times), Whitmarsh said, “I would be deeplydisturbed if Mercedes had no real interest in acquiring us. I think it’s atangible demonstration of their commitment to this.”

IfMercedes did opt to buy out the remaining 60 percent (or acquire an additional10.1 percent to acquire controlling interest), it would seem like odd timing,the report said. Despite competing at the front for many seasons running now,the collaborative effort of the two outfits in Formula One hasn’t yielded a championshipsince 1999, to say nothing of the parting of company which the two haveundertaken to replace the Mercedes SLR McLaren independently.

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