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Daimler Sells One F1 Team, Then Buys Another

by The Truth About Cars on November 18, 2009

Yesterday Daimler announced that McLaren would be buying out Daimler’s interest in their joint venture Formula 1 team. Many, including board member Erich Klemm, thought this made all kinds of sense. “In the (car) factories, every cent is being turned over three times. The employees are feeling the financial crisis with shorter working hours and

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Daimler Sells One F1 Team, Then Buys Another

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