News Details
Merc shareholders getting cold feet
A key group of Mercedes-Benz shareholders are said to be pushing for the brand's exit from Formula 1.
The main factor in the negative sentiment appears to be growing tension surrounding the tyre test undertaken with the sport's sole supplier Pirelli, though a lack of signficant success is also a factor.
A large group of private shareholders are said to be viewing Thursday's FIA international tribunal as a line in the sand. Should Mercedes be punished for their part in the test, they will strengthen their calls for Mercedes to abandon the sport.
Some, however, already believe the time has come to say goodbye to Formula One.
Union Investment manager Michael Muders said: "Mercedes-Benz...
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12y ago from PlanetF1.com
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