Mercedes unveiled their new livery for 2025 with an empty space where Sir Jim Ratcliffe’s Ineos’ branding was last season as teams put on a show at a glitzy star-studded event at the O2 in London.
The Mercedes F1 team has three one-third owners ... the same true on the back of the rear wing. An INEOS logo, minus the red surround, does appear on the inside of the front wing endplate.