News Details

Mercedes ‘as stable in F1 as Bayern in football'

Ola Kallenius, CEO of Daimler, has insisted Mercedes are in Formula 1 for the long haul – likening their stability to that of Bayern Munich. Recent speculation has suggested Mercedes could sell their all-conquering F1 operation to sponsor Ineos, but those rumours were shot down by team principal Toto Wolff. Mercedes were among all 10 Formula 1 constructors that recently pledged their future to the sport via the latest Concorde Agreement that binds them for five years, although that does not necessarily preclude a change of ownership. However, Kallenius, chairman of Daimler and head of their subsidiary Mercedes-Benz, says there is nothing to make the World Champions give up F1, especially...
Full Story »
1mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Kaellenius: Mercedes leaving F1 is like Bayern...

Mercedes owner Daimler is committed to Formula 1 but is working to slash...
1mo ago from GrandPrix247.com

Daimler: 'No reason why we should leave F1'

It was indirectly announced last week that Mercedes would not leave...
1mo ago from GPBlog.com

Horner is in a hurry to find an engine: "It's...

Red Bull will have to look for another engine supplier due to the...
1mo ago from GPBlog.com

Tsunoda Red Bull future "nothing to do" with...

AlphaTauri team principal Franz Tost has insisted Honda's withdrawal from...
1mo ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Roberts explains decision to turn down Aprilia MotoGP...

American rider Joe Roberts turned down an Aprilia MotoGP offer for 2021...
19h ago from AutoSport.com

Crutchlow “glad” full-time MotoGP career is...

Cal Crutchlow says he knew “earlier in the year” than most that 2020...
20h ago from MotorsportWeek.c...

Espargaro feels his “job is done” at KTM ahead of...

Pol Espargaro says he feels like his “job is done” at KTM ahead of...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Kanaan: No excuses not to win IndyCar races at Ganassi

Tony Kanaan says that his return to Chip Ganassi Racing's IndyCar team...
1d ago from AutoSport.com

Kanaan to continue IndyCar career with Chip Ganassi...

Tony Kanann will continue his IndyCar career into 2021 after the 2004...
2d ago from SpeedCafe.com

Kanaan rejoins Chip Ganassi in multi-year oval deal

Chip Ganassi Racing has confirmed IndyCar veteran Tony Kanaan will rejoin...

Kanaan: fans are the ‘only reason I wanted to come...

Tony Kanaan will be returning to IndyCar in 2021, a part-time arrangement...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta laughs and issues short and snappy...

Arsenal manager Mikel Arteta didn't let himself get drawn into the...
10h ago from CaughtOffside.com

Arsenal manager Arteta responds to Wilshere and Berge...

Arsenal boss Mikel Arteta has responded to links to Jack Wilshere and...
1h ago from DailyStar.co.uk

Video: Arsenal star Cedric Soares left completely...

At the end of Arsenal star Cedric Soares' pre-match press conference ahead...
11h ago from CaughtOffside.com

Bayern Munich, Juventus, Arsenal 'interested in...

Everton youngster Thierry Small is reportedly attracting interest from...
11h ago from SportsMole.co.uk

Comments

Hottest News

Alonso: "He's not responding to my messages, I think...

The 2021 season sees the much-discussed return of... Read More »
12h ago from GPBlog.com

Bahrain Grand Prix: Will Hamilton slow down?

Lewis Hamilton heads into Sunday´s Bahrain Grand... Read More »
52m ago from GrandPrix247.com

Verstappen on driving cars: "I didn't like shifting...

The Formula 1 season of 2020 is almost over.... Read More »
52m ago from GPBlog.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.