INEOS investment in Mercedes "a turning point" for F1 - Wolff
Toto Wolff believes the recent investment of INEOS in Mercedes represents "a turning point in Formula 1".
After being announced as a principal partner of the F1 team at the start of last year, INEOS ended it by becoming an equal shareholder alongside Daimler and team principal Wolff, each with a percentage stake of 33 and a third.
It is an additional step towards an F1 team being viewed beyond simply that and more as a sports franchise model.
Asked as to what the investment said about the health of F1, Wolff replied: "We are looking at a turning point in Formula 1 because teams have always fought for resources in order to perform on track, and now it's turning to real sports franchises.
"We are capped with a financial limit which means chassis teams will turn profitable, and that's why it becomes interesting.
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