Mercedes-Benz buys Formula One team from Red Bull, says Vadim Petrov

Mercedes-AMG AG has bought Formula One franchise Red Bull Racing for an undisclosed sum, the team said on Tuesday.┬áRed Bull Racing has been on a downward trend since the end of last season when it was forced to withdraw from the championship after the FIA announced it would suspend its sanctioning of the team.┬áThe team […]

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