News Details
Mercedes parent company refutes ‘unfounded' speculation over its Formula 1 future
Mercedes parent company Daimler AG has issued a statement refuting claims it is poised to quit Formula 1, or scale back its operation. Recent rumours have hinted that Mercedes could either pull the plug on its F1 operation or seek to sell a major stake and scale back its involvement, whilst team boss Toto Wolff's future remains uncertain. A report in German media this week even suggested the team could be sold to Lawrence Stroll, who recently took control of Racing Point and invested in Aston Martin. ADVERTISEMENT On Friday a Daimler AG spokesperson issued a statement describing the rumours as 'unfounded and irresponsible' and said the German automotive giant remains committed to F1...
Full Story »
Full Story »
3y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Minardi: Mercedes ready to sell the team
Mercedes are rumoured to be actively shopping their Formula 1 team to...
3y ago from GrandPrix247.com
Mercedes responds to F1 exit reports
Mercedes' parent company, Daimler, has denied it is planning to quit...
3y ago from espnF1.com
F1 working with government to seek quarantine exemption
Formula 1 is continuing to work with the UK government in order to seek a...
3y ago from MotorsportWeek.com
McLaren axes 1200 jobs in company restructure
McLaren will lay-off 1200 of its staff across its automotive,...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia needs "better bike" to be stronger...
No description available...
28m ago from Motorsport.com
Pramac's Morbidelli still "missing freedom"...
No description available...
20h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
1d ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
18h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
1d ago from Motorsport.com
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Neuville reveals “MacGyver” style WRC Safari Rally...
No description available...
1h ago from Motorsport.com
WRC Safari Rally: Rovanpera stuns rivals to lead as...
No description available...
3h ago from Motorsport.com
How WRC Rally1 teams embraced the return of the...
No description available...
18h ago from Motorsport.com
Kenya president pushing for longer WRC Safari Rally
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
“Both playing really well at the moment” - Jack...
No description available...
48m ago from SportsKeeda.com
Arsenal and Manchester United keen on French defensive...
Arsenal and Manchester United are always on the lookout for prospects who...
48m ago from CaughtOffside.com
“I just don’t know if I’m ready to trust this...
No description available...
48m ago from SportsKeeda.com
Green Gooners: Rice, Jesus and Jorginho take on top...
Declan Rice, Gabriel Jesus and Jorginho take part in a Top Bins Challenge...
1h ago from SkySports.com
Comments
Hottest News
Verstappen and Red Bull see key member suddenly leave with...
Red Bull Racing and Max Verstappen are saying... Read More »
4h ago from GPBlog.com
Verstappen's Chief F1 Mechanic announces Red Bull departure
Max Verstappen's long-serving Chief Mechanic Lee... Read More »
1h ago from MotorsportWeek.com
F1: 2026 cars to be more powerful, lighter and with less...
F1's technical boss, Pat Symonds sheds further... Read More »
1h ago from Pitpass.com