Mercedes F1 team signal future intent with Ineos deal


FILE PHOTO: Formula One F1 - Abu Dhabi Grand Prix - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - November 28, 2019? Mercedes' Lewis Hamilton and Valtteri Bottas pose with the staff during a team photo ahead of the Abu Dhabi Grand Prix? REUTERS/Hamad I Mohammed

LONDON (Reuters) - Formula One champions Mercedes sent a statement of intent about their future on Monday with the announcement of a five-year principal sponsorship deal with British billionaire Jim Ratcliffe's petrochemicals giant Ineos.

Mercedes F1 boss Toto Wolff hailed a new chapter for a team who have won the last six drivers' and manufacturers' titles with Lewis Hamilton chasing his seventh career crown this season.

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