SEPTEMBER 23, 2002

Restructuring at Mercedes-Benz

The announcement that Mercedes-Benz has acquired a majority shareholding in Ilmor Engineering is the first visible sign of a major reorganisation going on behind the scenes at the German car company in the wake of Ferrari's domination of the F1 scene. There have been rumours for some months that these changes may result in the disappearance from the scene of the company's motorsport boss Norbert Haug. This is yet to be confirmed.