Thursday, September 10, 2009

Mercedes to take 75 pct stake in Brawn

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FRANKFURT, Sept 9 (Reuters) - Mercedes has agreed to take a 75 percent stake in Formula One leaders Brawn GP within the next three years, German magazine Auto, Motor und Sport reported on Wednesday.

Citing Formula One sources, it said the partners had reached an oral agreement and a contract would be signed soon.

There was no comment on the report from Mercedes or Brawn, with team officials heading for Monza for this weekend's Italian Grand Prix.

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