JUNE 2, 2005
Ilmor splits up
Mercedes-Ilmor Ltd is to be rebranded and in future the Mercedes-Benz F1 engines will be built by Mercedes-Benz High Performance Engines Ltd. The change has come about following the splitting up of the old Ilmor company with the sale of the Special Project Group of Mercedes-Ilmor and Ilmor Inc to the other shareholders: Penske Racing, Mario Illien and Elizabeth Morgan, the widow of founder Paul Morgan.
At the end of September Mercedes Ilmor will become a 100% subsidiary of DaimlerChrysler and it will then change its name.
The Special Projects Group and Ilmor Inc focus on engine programmes for Indy Racing League and NASCAR.
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