F1 team Mercedes to lose Aabar ownership

Mercedes GP could be set to lose a major shareholder.

Citing informed sources, the German ’Manager Magazin’ reports that the Abu Dhabi investment vehicle Aabar is in talks to end its involvement with the Brackley based team as well as Mercedes’ parent Daimler.

Daimler and Aabar did not immediately comment.

Aabar owns 40 per cent of Mercedes GP, but recently watered-down its Daimler involvement from 9 to just 3 per cent.