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Lauda and Wolff commit to Mercedes until 2020

 XPB Images Mercedes AMG F1 boss Toto Wolff and non-executive chairman Niki Lauda have renewed their allegiance to Mercedes-Benz until the end of 2020. The lucrative new deals by both men are hardly a surprise while their duration corresponds to Mercedes' own commitment to Formula 1. Also, both men retain their ownership of the Mercedes AMG F1 team, with Wolff holding a 30% stake while Lauda enjoys a 10% participation. The renewed loyalty puts a final point to a frantic period of negotiation at the Brackley-based outfit with collective talks on several fronts as Mercedes settled deals with Bottas, tech boss James Allison who replaces Paddy Lowe, and senior management with Lauda...
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8y ago from F1i.com 0
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