Just how bound are Mercedes after two years anyway? Isn’t that when the current agreement runs out and they are free? And why would they sell or divest any equity stake they have in Mac unless it is for fair market value? It is a stock like any other.
I see MB holding all the cards. I can see there being some motivation for MB if Mac offered to get out before the two years remaining on the current deal expires but that seems to be the only card that Mac holds and they can’t play it unless they have a new engine in the wings. Surely the Ford/Peugeot days of 93/94 can’t have left their memory that fast.
Orange Macs and silver Brawns do seem to be on the cards though. I also foresee Mac beating Brawn in 2010 but that is another matter.
And if Mac can get the entire BMW plant for a price, claim to the FIA that they are building a “new engine” from scratch as a “new manufacturer” whereby they get to recast the BMW block to fit their chassis and gearbox while making a few other tweaks ala Cosworth’s FIA dispensation, they could do it before 2010 easily since they are 99% of the way there with the present BMW as a basis.
Only this could induce MB to want to get out before the current deal expires because of MB branding clauses in the existing Mac/MB agreement that reserves the Mac to be the primary, exclusive and most prominent MB title sponsored car.
I should note that all of this would be impossible without the FIA freeze as the factory teams enjoyed a great advantage over the customer teams both in having the latest spec engine and not having to pay for them.
Was Whitmarsh’s entreaties to the rest of the FOTA teams to allow Qadback the 14th spot sincere because they would be using Ferrari power? And Martin’s carefully worded denial in this article
Clicky precludes nothing. It seems to permit a world of possibilities for the current BMW engine resources/facilities. As a matter of fact simple rebranding without any modification or alterations to the BMW engine architecture is within the scope of Martin Whitmarsh’s non-denial denial.
As to MB’s equity stake in Mac, well it has a fair market value, generates a proportionate share of Mac profits and MB can sell it to whomever they wish unless Mac has a “right to first refusal”. They could discount it back to Mac (for a figure far more than zero) as an inducement to divorce. Or they could just sit on the shares and collect their proceeds. What is the rush?
The greatest irony is that Max Mosley's nutty engine freeze could help make Ron Dennis a modern day Enzo Ferrari.

Innovation over refinement is the prefered path to performance. -- Get rid of the dopey regs in F1