News Details

Cutting Daimler spending key to Mercedes' F1 future

Mercedes principal Toto Wolff says cutting parent company Daimler's contributions to their F1 team is crucial for their 'long-term future'. Despite capturing the Drivers' and Constructors' titles for the past six years, Mercedes' future in the sport isn't guaranteed. Their parent company Daimler were present at the season-ending Abu Dhabi GP as board member Britta Seeger received the Constructors’ trophy on the podium, but the team's accounts for 2018 showed that Daimler's contributions were still just under £40million. Therefore even though racing is at Mercedes' 'core', Wolff still says cutting Daimler's contributions is vital to their 'long-term' F1 future. “I am the one that is...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Aston Martin: We’re certainly not actively soliciting

Aston Martin’s two major shareholders are in it for the long term and...
5y ago from GrandPrix247.com

Toto Wolff: 'What I have with Mercedes is unique'

Much has been made of Toto Wolff's future at Mercedes. There is...
5y ago from GPBlog.com

Mercedes “absolutely certain” George Russell has...

Mercedes boss Toto Wolff has said that they are “absolutely...
5y ago from GPBlog.com

Wolff insists Mercedes will consult Hamilton before...

Toto Wolff has admitted Mercedes won't dive straight into signing a new...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi: Aprilia MotoGP bike ‘doesn't...

Marco Bezzecchi says his Aprilia machinery "doesn't always...
10h ago from MotorsportWeek.c...

Why Michelin has given up on MotoGP

No description available...
12h ago from Motorsport.com

MotoGP announce Pirelli as new tyre supplier from 2027

MotoGP has formally announced a new agreement with Italian tyre...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Ticket design for 109th Indianapolis 500 revealed

Indianapolis Motor Speedway has pulled back the curtain on the ticket...

IndyCar’s FOX network debut increased viewership by...

FOX Sports has released viewership numbers for the opening round of the...

IndyCar St. Petersburg – Race Results

The first race of the 2025 NTT IndyCar Series season took place on Sunday...

Popular On TotalWRC.com

WRC drivers follow F1 in statement to FIA president

World Rally Championship drivers have penned a strongly-worded statement...

Popular On GunnersToday.com

Man City 'hugely impressed' by £50m Aston Villa...

Manchester City reportedly express an interest in signing Aston Villa...
1h ago from SportsMole.co.uk

Arsenal transfer news: Joshua Kimmich reaches 'total...

Arsenal-linked Joshua Kimmich reportedly reaches a 'total verbal...
1h ago from SportsMole.co.uk

‘Final stages’: Fabrizio Romano now confirms...

Fabrizio Romano has reported that Joshua Kimmich now looks increasingly...
4h ago from CaughtOffside.com

Comments

Hottest News

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.