Mercedes and Racing Bulls, side by side
The same lines as the two team dossiers, set beside each other. Each line is one record, printed as its source printed it. Where a column says "None in this record", no confirmed record names that team there; it is not a statement about the team.
Who owns it
Who owns each team now, each line in its document's own words with that document's date. Stake sales are listed apart.
Mercedes
- George Kurtz as of 20 November 2025
- Stake or control, as stated
- 15% minority interest in the ownership entity controlled by Toto Wolff
- Tie to the team, as stated
- which holds one third of the team
Source Mercedes-AMG PETRONAS F1 Team,Quote
George Kurtz Appointed Technology Advisor and Joins the Team’s Long-Term Ownership Group - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, 20 November 2025. It says:
Through his personal acquisition of a 15% minority interest in the ownership entity controlled by Toto Wolff, which holds one third of the team in partnership with Mercedes-Benz and INEOS, Kurtz joins Mercedes-Benz, INEOS, and Toto Wolff in the team’s long-term ownership group. paragraph 2
The Mercedes-AMG PETRONAS F1 Team and George Kurtz, CEO and Founder of CrowdStrike, today announced that Kurtz has become a co-owner of the team and been appointed Technology Advisor. paragraph 1
- INEOS as of 12 November 2026
- Stake or control, as stated
- three equal partners
Source Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Sustainability Governance - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff.
- Mercedes-Benz as of 12 November 2026
- Stake or control, as stated
- three equal partners
Source Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Sustainability Governance - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff.
- Toto Wolff as of 12 November 2026
- Stake or control, as stated
- three equal partners
Source Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Sustainability Governance - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff. Governance page, Our Board, first paragraph
Racing Bulls
- Red Bull (brand name as printed) as of 12 November 2026
- Stake or control, as stated
- one of two Red Bull-owned Formula 1 teams
Source Red Bull, undated; read 12 November 2026Quote
VCARB F1 Team - Speculative Application. Published by a party to it, Red Bull, undated; read 12 November 2026. It says:
Visa Cash App Racing Bulls F1 Team is one of two Red Bull-owned Formula 1 teams.
Disclosed stake sales
Each sale a party to it announced, newest first. A sale is an event on its date, not a statement of who owns the team now.
Mercedes
- Buyer George Kurtz
- Stake, as stated
- 15% minority interest in the ownership entity controlled by Toto Wolff
- Price, as stated
- not disclosed: no price stated in the announcement
- Valuation, as stated
- not disclosed: no valuation stated in the announcement
- Announced
- 20 November 2025
Source Mercedes-AMG PETRONAS F1 Team,Quote
George Kurtz Appointed Technology Advisor and Joins the Team’s Long-Term Ownership Group - Mercedes-AMG PETRONAS F1 Team. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, 20 November 2025. It says:
Through his personal acquisition of a 15% minority interest in the ownership entity controlled by Toto Wolff, which holds one third of the team in partnership with Mercedes-Benz and INEOS, Kurtz joins Mercedes-Benz, INEOS, and Toto Wolff in the team’s long-term ownership group. paragraph 2
The Mercedes-AMG PETRONAS F1 Team and George Kurtz, CEO and Founder of CrowdStrike, today announced that Kurtz has become a co-owner of the team and been appointed Technology Advisor. paragraph 1
20 November 2025 dateline
- Buyer INEOS
- Seller
- not disclosed: no seller named
- Stake, as stated
- one third shareholder
- Price, as stated
- not disclosed: no price stated in the announcement
- Valuation, as stated
- not disclosed: no valuation stated in the announcement
- Announced
- 18 December 2020
Source INEOS, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026Quote
Mercedes-AMG Petronas Formula One Team welcomes INEOS as a one third equal shareholder alongside Daimler and Toto Wolff. Published by a party to it, INEOS, 18 December 2020. It says:
The Mercedes-AMG Petronas Formula One Team is delighted to announce that INEOS will become a one third shareholder in the team, which will be owned in three equal parts by Daimler AG, INEOS and Toto Wolff. release, paragraph 1
18 Dec 2020 dateline
The Team Welcomes INEOS as a One Third Equal Shareholder Alongside Daimler and Toto Wolff. Published by a party to it, Mercedes-AMG PETRONAS F1 Team, undated; read 12 November 2026. It says:
The Mercedes-AMG Petronas Formula One Team is delighted to announce that INEOS will become a one third shareholder in the team, which will be owned in three equal parts by Daimler AG, INEOS and Toto Wolff. release, paragraph 1
Racing Bulls
None in this record.
Drivers and their terms
Drivers announced for 2027, with the term as the team stated it. A driver under contract with no term stated, and a reserve, is not counted as a 2027 seat.
Mercedes
This team's 2027 line-up is not yet in this record.
Racing Bulls
- Arvid Lindblad
- Role
- race seat the team's words: driver line-up
- 2027 seat
- confirmed for 2027
- Contract through
- length not announced
- Announced
- 12 November 2026
Source Visa Cash App Racing Bulls, Formula 1,Quote
Liam Lawson and Arivd Linblad to continue with VCARB in 2027. Published by a party to it, Visa Cash App Racing Bulls, 12 November 2026. It says:
Visa Cash App Racing Bulls Formula One™ Team is pleased to confirm that Liam Lawson and Arvid Lindblad will continue as its driver line-up for the 2027 FIA Formula One World Championship season. article, first paragraph
Lawson and Lindblad to remain at Racing Bulls for 2027 as team confirm unchanged Formula 1 line-up. Published by the championship's own newsroom, Formula 1, 12 November 2026. It says:
Nov 12, 2026 11:01am UTC dateline
- Liam Lawson
- Role
- race seat the team's words: driver line-up
- 2027 seat
- confirmed for 2027
- Contract through
- length not announced
- Announced
- 12 November 2026
Source Visa Cash App Racing Bulls, Formula 1,Quote
Liam Lawson and Arivd Linblad to continue with VCARB in 2027. Published by a party to it, Visa Cash App Racing Bulls, 12 November 2026. It says:
Visa Cash App Racing Bulls Formula One™ Team is pleased to confirm that Liam Lawson and Arvid Lindblad will continue as its driver line-up for the 2027 FIA Formula One World Championship season. article, first paragraph
Lawson and Lindblad to remain at Racing Bulls for 2027 as team confirm unchanged Formula 1 line-up. Published by the championship's own newsroom, Formula 1, 12 November 2026. It says:
Nov 12, 2026 11:01am UTC dateline
- Nikola Tsolov
- Role
- reserve the team's words: Reserve Driver
- 2027 seat
- reserve; not counted as a race seat
- Contract through
- length not announced
- Announced
- 12 November 2026
Source Oracle Red Bull Racing, Formula 1,Quote
Nikola Tsolov named Red Bull Reserve Driver for 2027. Published by a party to it, Oracle Red Bull Racing, 12 November 2026. It says:
Nikola Tsolov will take on the role of Reserve Driver for Oracle Red Bull Racing and Visa Cash App Racing Bulls in 2027, marking an important next step in the 19-year-old Bulgarian’s journey towards racing in Formula 1. article, first paragraph, the whole sentence
Nikola Tsolov to join Red Bull and Racing Bulls as reserve driver for 2027. Published by the championship's own newsroom, Formula 1, 12 November 2026. It says:
Nov 12, 2026 3:21pm UTC Red Bull and Racing Bulls have confirmed that Formula 2 racer Nikola Tsolov will serve as their shared reserve driver for the 2027 season. dateline and first paragraph