McLaren and Mercedes, 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.
McLaren
- McLaren Group Limited named as Mclaren Group Limitedas of 13 November 2026
- Stake or control, as stated
- Ownership of shares – 75% or more Ownership of voting rights - 75% or more Right to appoint or remove directors nature of control of MCLAREN RACING LIMITED, company 01517478, on the UK company register
Source Companies House, register read 13 November 2026Quote
MCLAREN RACING LIMITED persons with significant control - Find and update company information - GOV.UK. Published by a public body, Companies House, register read 13 November 2026. It says:
MCLAREN RACING LIMITED Company number 01517478 company heading of the register page
Mclaren Group Limited Active Notified on 3 August 2021 Governing law Companies Act 2016 Legal form Private Company Limited By Shares Place registered Register Of Companies For England And Wales Registration number 10720174 Incorporated in England & Wales Nature of control Ownership of shares – 75% or more Ownership of voting rights - 75% or more Right to appoint or remove directors list of persons with significant control, the one active entry
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
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.
McLaren
- Buyer McLaren Group Limited
- Stake, as stated
- all shares of McLaren Racing’s minority shareholders
- Price, as stated
- not disclosed: no price stated in the release
- Valuation, as stated
- not disclosed: no valuation stated in the release
- Announced
- 2 September 2025
- Completed
- not disclosed: completion not stated in the release
Source McLaren Racing,Quote
McLaren Racing consolidates shareholder structure. Published by a party to it, McLaren Racing, 2 September 2025. It says:
McLaren Group Limited has announced the purchase of all shares of McLaren Racing’s minority shareholders – MSP Sports Capital, funds managed by O’Connor Capital Solutions, Ares Sports, Media and Entertainment funds, and Caspian Funds. The transaction will enable Bahrain Mumtalakat Holding Company and CYVN Holdings LLC, an advanced mobility operator and investment vehicle based in Abu Dhabi, to increase their share and assume full ownership of the iconic British motor racing business. Bahrain Mumtalakat Holding Company will continue as majority shareholder with CYVN Holdings owning a non-controlling stake. release body, first two paragraphs
McLaren Racing Consolidates Shareholder Structure 2 September 2025 14:00 (UTC) McLAREN RACING CONSOLIDATES SHAREHOLDER STRUCTURE headline and dateline
- Buyer MSP Sports Capital
- Stake, as stated
- an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022
- Price, as stated
- £185m
- Valuation, as stated
- £560m, post-money
- Announced
- 13 December 2020
Source McLaren Racing,Quote
McLaren Group Announces New Investment in McLaren Racing. Published by a party to it, McLaren Racing, 13 December 2020. It says:
The transaction will see MSP Sports Capital acquire a significant minority shareholding in the team, with McLaren Group remaining the majority shareholder. MSP Sports Capital will invest a total of £185m into McLaren Racing, acquiring an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022. The transaction values McLaren Racing at £560m, post-money.
13 December 2020 08:30 (UTC) McLAREN GROUP ANNOUNCES NEW INVESTMENT IN McLAREN RACING US sports investment group MSP Sports Capital acquires significant minority shareholding
The transaction values McLaren Racing at £560m, post-money.
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
Last valuation a party disclosed
Each in the party's own words, from its own announcement, on its own date. The two were stated at different times and on different terms; they are not a like-for-like comparison, and nothing here is worked out from a price and a stake.
McLaren
Stated with a stake sale, 13 December 2020: MSP Sports Capital, an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022.
Quote
McLaren Group Announces New Investment in McLaren Racing. Published by a party to it, McLaren Racing, 13 December 2020. It says:
The transaction will see MSP Sports Capital acquire a significant minority shareholding in the team, with McLaren Group remaining the majority shareholder. MSP Sports Capital will invest a total of £185m into McLaren Racing, acquiring an initial 15% stake that will increase to a maximum of a 33% shareholding by the end of 2022. The transaction values McLaren Racing at £560m, post-money.
The transaction values McLaren Racing at £560m, post-money.
Mercedes
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.
McLaren
- Lando Norris
- Role
- race seat the team's words: has extended his contract with the McLaren Mastercard Formula 1 Team
- 2027 seat
- confirmed for 2027
- Term, as stated
- until at least 2030
- Contract through
- 2030
- Announced
- 29 August 2026
Source McLaren Racing,Quote
Reigning World Champion Lando Norris extends contract with McLaren Mastercard Formula 1 Team until at least the end of 2030. Published by a party to it, McLaren Racing, 29 August 2026. It says:
Lando Norris, the 2025 Formula 1 Drivers’ World Champion, has extended his contract with the McLaren Mastercard Formula 1 Team until at least 2030, with a multi-year option to commit beyond that date. article, first paragraph
29 August 2026 11:20 (UTC) LANDO NORRIS EXTENDS CONTRACT WITH McLAREN MASTERCARD FORMULA 1 TEAM dateline and heading
- Oscar Piastri
- Role
- race seat the team's words: Driver, McLaren F1
- 2027 seat
- under contract, term not stated; not counted as a 2027 seat
- Term, as stated
- multi-year
- Contract through
- multi-year deal; end year not announced
- Announced
- 11 March 2025
Source McLaren Racing,Quote
McLaren Formula 1 Team announce multi-year contract extension with Oscar Piastri. Published by a party to it, McLaren Racing, 11 March 2025. It says:
McLaren Formula 1 Team announce multi-year contract extension with Oscar Piastri page title
11 March 2025 21:00 (UTC) McLAREN FORMULA 1 TEAM ANNOUNCE MULTI-YEAR CONTRACT EXTENSION WITH OSCAR PIASTRI
Oscar Piastri, Driver, McLaren F1, said: “It’s a great feeling knowing that I’m part of McLaren’s long-term vision. release, attribution of the driver's statement
Mercedes
This team's 2027 line-up is not yet in this record.