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.

Mercedes AMG F1 co-owners, INEOS ... Their branding was prominent on the cars, with the red colored logo appearing on the airboxes, the rear wing and the front wing end-plates.