Daimler buys Aabar out of F1 team

Daimler has taken full control of the Mercedes Formula 1 team, by buying a 40 percent stake from Abu Dhabi sovereign wealth fund Aabar Investments for an undisclosed sum. Aabar, which has been cutting its ties with Daimler, last month it sold its remaining 3 percent stake in the company. Mercedes and Aabar joined forces [...]

Source: http://joesaward.wordpress.com/2012/11/19/daimler-buys-aabar-out-of-f1-team/

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