Mercedes team reject fears of Ineos Formula 1 exit Sport Business Formula 1 powerhouse Mercedes have been forced to deny that the team’s ownership could shift amid a wave of sporting cuts by co-owners Ineos. The chemicals giant, part-owned by British billionaire Sir Jim Ratcliffe, holds 33 per cent of shares in the Mercedes AMG Petronas F1 Team, with team principal Toto Wolff and the German [...]
Sponsors All Blacks could chase after falling out with Man United part-owners Ineos Sport Business Last week it was revealed that rugby giants New Zealand, including the famous All Blacks, were suing sponsors and Manchester United part-owners Ineos. The chemicals firm, co-owned by British billionaire Sir Jim Ratcliffe, stands accused of breaching its sponsorship agreement by failing to pay an installment of a £27m, six-year deal, that was signed in [...]
Ratcliffe and Ineos bite back after being sued by New Zealand Rugby Sport Business Sir Jim Ratcliffe’s Ineos has blamed the “deindustrialisation of Europe” after the Manchester United co-owner was sued by New Zealand Rugby over its latest cost-cutting measure. New Zealand Rugby (NZR) went public with the dispute on Monday, claiming that Ineos had breached its sponsorship agreement by failing to pay an instalment of the £27m, six-year [...]
Man United investor Ineos splits with key sport figure January 24, 2025 Ineos, minority investors of Manchester United, split with a key sports figure on Thursday, citing a failure to agree over the future. The Sir Jim Ratcliffe-owned chemicals giant and British Olympic gold medal winner Sir Ben Ainslie have parted ways following Britain’s first appearance in an America’s Cup final in 60 years. The two parties [...]
Ahead of the Game: Man United cuts could be copied by other clubs December 30, 2024 Manchester United’s controversial move to slash the funding it provides to its charitable foundation as part of cost-cutting measures introduced by Sir Jim Ratcliffe could be followed by other Premier League clubs. The Manchester United Foundation are set to be the latest victims of Ratcliffe’s drive to cut costs at Old Trafford, with Sky News [...]
Old Trafford decision could be pushed until spring November 5, 2024 Manchester United are set to delay a decision on whether to refurbish Old Trafford or build a new “Wembley of the North” until next year. The club, owned by the Glazer family and billionaire Ineos chief Sir Jim Ratcliffe, had intended to make the call by the end of the year but it has now [...]
Ineos and Ratcliffe wait for more sporting success goes on after America’s Cup loss October 20, 2024 In late August City AM asked whether Ben Ainslie and Ineos Britannia could bring the America’s Cup home for the first time in British sailing history. On Saturday we got our answer. No. Emirates Team New Zealand retained the America’s Cup by 7-2 and became the first team to win the Auld Mug on three [...]
New Zealand takes 3-0 lead over Ineos Britannia in America’s Cup October 13, 2024 Great Britain’s chances of winning a first ever America’s Cup took another hit on Sunday with Ineos Britannia going 3-0 down to holders New Zealand. The British challenger lost the first race of Sunday’s two-match programme to fall 3-0 behind – having lost the opening two races on Saturday in Barcelona – before the second [...]
Ben Ainslie on America’s Cup, Sir Jim Ratcliffe and backing Ineos Britannia August 8, 2024 Ineos Britannia is a boat designed to do something Great Britain has never done before: win the America’s Cup. It is the oldest international sporting trophy in the world and is very, very expensive to win – an America’s Cup boat can cost upwards of $10m. Ineos owner Sir Jim Ratcliffe has put his considerable [...]
Ahead of the Game: Treasury cost-cutting to hit Manchester United £2bn stadium plans August 7, 2024 Rachel Reeves could scupper Sir Jim Ratcliffe's more ambitious stadium hopes.