INEOS
Mercedes F1 Sponsor

White Mercedes F1 Logo
Mercedes
Chemicals and Industrial Group
Last Updated: 16 October 2026
$26.5m
Annual Value
13th biggest team sponsor deal in F1
Principal Partner
Partner Tier
2020
Deal Start
Not disclosed
Deal Ends
Verified
Reported
Estimated
Calculated

How Much Is INEOS' F1 Sponsorship Worth?

INEOS’ Mercedes sponsorship is worth £20m ($26.5m) a year on our numbers, carried forward from an older BlackBook Motorsport benchmark because no current fee has been published. That covers the principal partnership only. INEOS also owns a third of the team, and the stake is an investment with its own value rather than a sponsorship payment.

It ranks fourth at Mercedes, behind PETRONAS, Microsoft and adidas’ $30m kit deal. BWT’s title partnership at Alpine is valued a little lower, at $25m.

Share Of INEOS's Revenue0.16%
Share Of Mercedes' Revenue3.2%

The $26.5m deal equals about 14 hours of INEOS's $16.31bn revenue.

Formula One 2025 Business Report blackbookmotorsport.com

The older annual benchmark carried forward as the £20m ($26.5m) figure for INEOS' principal partnership.

Mercedes-AMG PETRONAS F1 Team reveals its 2026 Challenger mercedesamgf1.com

Mercedes' 2026 launch page listing INEOS among three principal partners, the tier behind the figure.

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Insider · Issue 23

01 · The Last Race

Singapore by Salary

Pos

Driver

Pts

Salary

1

Max Verstappen

Red Bull

25

$70m

2

Charles Leclerc

Ferrari

18

$34m

3

Kimi Antonelli

Mercedes

15

$3.4m

4

Lando Norris

McLaren

12

$30m

5

Oscar Piastri

McLaren

10

$13m

6

Insider+

7

Insider+

Our Take · Insider+

What Each Point Now Costs Red Bull

Mercedes

Principal Partner

Annual Value
$26.5m
Announced
February 10, 2020
Started
2020
Contract Length
5 years initially
Status
Current
Industry
Chemicals
Headquarters
London, United Kingdom
Revenue
€14.3bn ($16.31bn)
Revenue Year
2025, INEOS Group Holdings
Website
https://www.ineos.com

How the INEOS Mercedes Deal Works

INEOS is a privately owned chemicals group based in London, founded and chaired by Sir Jim Ratcliffe, with interests in energy, cars and sport. There’s no confirmed figure for the whole group. Its INEOS Group Holdings arm reported 2025 revenue of €14.3bn ($16.31bn) and a net loss of €658.5m ($750.9m).

The principal partnership began in 2020 on a five-year agreement, and INEOS still holds that tier in 2026 alongside CrowdStrike and Microsoft. No renewal or end date has been announced. Its shareholding is a separate arrangement, with Mercedes-Benz holding another third.

2025 INEOS Group Holdings S.A. Annual Report ineos.com

Subgroup accounts with 2025 revenue of €14.3bn ($16.31bn) and a net loss of €658.5m ($750.9m), not whole INEOS figures.

Mercedes Announces Principal Partnership with INEOS mercedesamgf1.com

Mercedes' 2020 announcement of the five-year principal deal, which can't by itself confirm the current term.

INEOS - Our Partners mercedesamgf1.com

Mercedes' current partner page, which still identifies INEOS as a principal partner and a one-third owner.

Mercedes F1 unveil 'US$60m-a-year' Microsoft deal to boost AI capabilities blackbookmotorsport.com

January 2026 report that Microsoft's logo took the airbox spot previously occupied by INEOS.

What Does INEOS Get From Mercedes?

INEOS mostly sells chemicals to other manufacturers, so it isn’t on the car to win over shoppers. The link started with engineering, through a performance partnership signed in late 2019 that put Mercedes-Benz Applied Science experts to work with the INEOS sports teams.

Sport matters to Ratcliffe’s group well beyond F1. It owns OGC Nice, Lausanne-Sport and a cycling team and has invested in Manchester United, and at Mercedes it’s a sponsor and a shareholder at once, so a team leading the 2026 standings pays off for it twice over.

INEOS becomes principal partner to Mercedes-AMG Petronas Formula One team ineos.com

INEOS' February 10, 2020 release, which traces the deal to a late 2019 performance partnership with Mercedes-Benz Applied Science.

About | INEOS Group ineos.com

INEOS' own company page describing its businesses and the professional sports it's invested in.

Mercedes sells stake in team to Ineos as Wolff extends contract as team principal racefans.net

December 18, 2020 report of Daimler, INEOS, and Toto Wolff each taking a third of the team.

Toto Wolff Mercedes team principal and CEO sells 15 per cent of his stake to American billionaire George Kurtz skysports.com

November 2025 report of Kurtz buying into Wolff's share, with the INEOS third unchanged.

F1 championship standings after the Singapore Grand Prix formula1.com

Standings after Singapore on October 11, 2026, with Mercedes leading the constructors' table by 134 points.

INEOS F1 Sponsorship History

INEOS’ F1 involvement runs entirely through Mercedes, and within a year of its sponsorship starting it had also bought a third of the team.

2020
Five-Year Principal Deal Announced
Mercedes and INEOS revealed the agreement on February 10, 2020, and INEOS logos went onto the car for that season.
2020
One-Third Stake Agreed
In December 2020 Daimler cut its holding so that it, INEOS and Toto Wolff each ended up with a third of the team.
2025
Kurtz Buys Into Wolff's Share
CrowdStrike founder George Kurtz bought 15% of Toto Wolff's holding in November 2025, and the INEOS third was left untouched.
2026
Microsoft Takes the Airbox
INEOS branding gave way to Microsoft on the W17 airbox, while INEOS kept its principal partner status and its shareholding.

INEOS F1 Sponsor Questions

INEOS sponsors one F1 team, Mercedes, where it’s been a principal partner since 2020. In 2026 it shares that tier with CrowdStrike and Microsoft under title partner PETRONAS, and it also owns a third of the team as a separate investment.

Yes, INEOS owns a third of the Mercedes F1 team and sponsors it as a principal partner, and the two arrangements are separate. The stake dates from December 2020, and its value isn’t part of the £20m ($26.5m) a year sponsorship figure on this page.

F1 Salaries values INEOS’ Mercedes sponsorship at £20m ($26.5m) a year, carried forward from an older BlackBook Motorsport benchmark. Neither company has disclosed a current fee. The figure leaves out INEOS’ shareholding and any engineering work shared between the team and the INEOS sports operations.

INEOS’ 2020 agreement was for five years, which would ordinarily cover the 2020 to 2024 seasons, yet Mercedes still lists INEOS as a principal partner in 2026. No renewal, extension or new end date has been announced, so the current terms aren’t public.

INEOS is a London-based chemicals group founded by Sir Jim Ratcliffe, who’s still its chairman. Its businesses also cover energy, cars and sport, and its INEOS Group Holdings arm reported €14.3bn ($16.31bn) of revenue in 2025, though that’s only part of the wider group.

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