Newsgroup: it.sport.formula1.moderato
Titolo: [ENG] DaimlerChrysler acquires majority holding in Ilmor

Source: Motorsport.com F1 News
http://www.motorsport.com/news/article.asp?ID=106890&amp;FS=F1
DaimlerChrysler AG today announced that it will acquire anadditional 30
percent holding in Ilmor Engineering Ltd.(Brixworth/Northamptonshire,
Great Britain). DaimlerChrysler will thusraise its holding from its
original 25 to 55 percent and will be theowner of a majority holding
effective 31 October 2002. Mario Illien,Liz Morgan, the widow of company
co-founder Paul Morgan, and RogerPenske will each hold 15 percent. The
parties agreed not to disclosethe price of the acquisition which is not
material in respect ofDaimlerChrysler's financial position.
A step-by-step take-over of the remaining shares by DaimlerChrysler bythe
year 2005 was agreed. DaimlerChrysler also disclosed that
IlmorEngineering Ltd., since 1993 responsible for the design,
developmentand production of Mercedes-Benz Formula 1 engines in
coordination withMercedes-Benz, will operate under the name
Mercedes-Ilmor and will alsoincorporate the technical motor sport
development team in Stuttgart.Managing Director will be Hans-Ulrich Maik
(53), who was successfulwhen responsible for the production of the
Mercedes-Benz engines andfor the international power train activities for
many years. MarioIllien will remain as Technical Director.
In the last four years, McLaren, Ilmor and Mercedes won the Drivers'World
Championship twice and the Constructors' World Championship once.The team
secured the runner-up position twice in the drivers' rankingand three
times in the constructors' ranking. Since the start of thecooperation in
1995, McLaren Mercedes has won 31 Grand Prix races.
Prof. Jürgen Hubbert, member of the Board of Management ofDaimlerChrysler
with responsibility for the Mercedes-Benz and smartPassenger Car
Division:
"The acquisition of a majority holding in Ilmor and the new structureof
Mercedes-Ilmor demonstrate the determination of our companyto create even
sounder foundations for the activities of RaceMercedes-Benz in Formula
One in the long term. Following on from theacquisition of a holding in
the TAG McLaren Group (40 percent) twoyears ago, this is yet another step
within the framework of a strategythat is pursued by DaimlerChrysler to
strengthen and extend thetechnological competence of the Mercedes-Benz
brand in tough globalcompetition in the future."
Mario Illien, Technical Director of Mercedes-Ilmor:
"The creation of Mercedes-Ilmor and the acquisition of a majorityholding
in Ilmor by DaimlerChrysler are logical steps, followingon from nine
years of intensive and successful cooperation withMercedes-Benz. In
future, we will be able to exploit synergieseven more effectively. I am
happy to see the foundations PaulMorgan and I created less than 20 years
ago being further developedthrough Mercedes-Ilmor and therefore secured
for the long term. Thisdemonstrates great confidence in all our staff who
will do everythingto justify this confidence."
Norbert Haug, Vice President, Mercedes-Benz Motorsport:
"With this step, our Formula One programme is geared up to meet
therequirements of the future, also in respect of the changes to
theregulations from 2004 on. The capabilities of Ilmor will be evenmore
closely linked to the resources of the DaimlerChrysler Group,thereby
expanding the range of options for Mercedes-Ilmor. We areconfident that
with this step we will succeed in creating an evenbetter foundation for a
powerful, cost-efficient and highly responsiveFormula One engine system."
-mercedes-benz-
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Se ora DaimlerChrysler (di cui Mercedes è un marchio) possiede più del
50% di Ilmor, possiamo ancora dire che il motore Mercedes è una
volgare rimarchiatura?
-- 
Alessio F. Bragadini            
ale...@sevenseas.org
"La libertà è una forma di disciplina"

 rimarchiatura?
 
Magari no, ma il basso valore morale della loro partecipazione al
mondiale e' legato sempre al fatto che preferiscono farsi scudo con un
assemblatore teutonico, piuttosto che "farsi tutto" da soli. E anche il
giorno che si costruissero il telaio da soli, qualcuno direbbe che non e'
la stessa cosa, perche' il motore e' fatto in Inghilterra....
-- 
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