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Mercedes won't drop Formula 1 for Formula E

Toto Wolff has quashed speculation that Mercedes' foray into Formula E could signal their exit from Formula 1. Earlier this year Mercedes' Formula E entry was given green light by FIA with the German carmaker set to join the electric series in the 2019/20 season. This raised some concerns, and many a paddock whisper, that it could be the first step in Mercedes walking away from Formula 1. Wolff says that won't happen. 'Formula 1 is part of our core business,' said the motorsport boss. 'The first Mercedes was a race car. 'Formula 1 is not just a marketing platform for us. There is a direct technology transfer from the series. 'In addition, we cherish the sportiness of our brand. That’s...
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