Simplify the following text for a Grade 8 native English-speaking person.
Original: The 40 % stake that Daimler ( which owns Mercedes ) has in McLaren since January 2000 will be sold back to the McLaren Group for a reported Â # 500m .
Simplified: The 40 % stake that Daimler ( which owns Mercedes ) has in McLaren will be sold back to the McLaren Group for a reported Â # 500m .