Tuesday, 8 March 2011

Brawn Profits

Mercedes GP boss Ross Brawn has made a sizeable return on his investment in the sale of the team to Mercedes-Benz owners Daimler.

Brawn, along with four others, purchased the struggling Honda team in a management buy-out for a symbolic £1 at the end of 2008, following a fairly unsuccessful campaign.
The team's fortunes were turned around the following season, winning both the Constructors crown and Drivers Championship for Jenson Button.

Englishman Brawn has now agreed to sell his shares in the team for a figure believed to be in the region of £100m.

For more on this, visit www.dailymail.co.uk

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