News Details

F1 still 'very profitable' for Mercedes - CEO

Feb.3 Daimler CEO Ola Kallenius has continued to play down rumours that Mercedes will no longer operate as a full works team in Formula 1 after 2020. He had already declared that speculation a bombshell decision will be made at a board meeting on February 12 is "not truer". And now he is quoted by Auto magazine as saying: "We won the world championship six times in a row. "This is a unique achievement, and in terms of marketing, it more than pays for the costs. So it is a very profitable investment." However, a well-known pundit for the Finnish broadcaster C More, Ossi Oikarinen, said he wouldn't be surprised if Mercedes pulls the plug, deciding instead to remain...
Full Story »
Share

You May Also Be Interested In...

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston...
5y ago from F1i.com

WATCH: Will Aston Martin become a real works team in...

It was announced Friday that Racing Point Formula 1 team would become...
5y ago from GPBlog.com

Aston Martin's last works involvement in F1

Aston Martin will return to Grand Prix racing as a works outfit in 2021,...
5y ago from F1i.com

Racing Point to become Aston Martin works team

When initial rumors of Lawrence Stroll investing in Aston Martin and...
5y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez sidelined for next two MotoGP rounds with...

Marc Marquez will miss the next two MotoGP rounds in Australia and...

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...

Popular On IndyCarToday.com

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Mick Schumacher set for IndyCar test with RLL

Rahal Letterman Lanigan Racing has announced that it will bring in Mick...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Arsenal provides Martin Odegaard injury update after...

Arsenal midfielder Martin Odegaard has withdrawn from Norway's national...
1d ago from SportsKeeda.com

Rio Ferdinand makes stance clear when asked who is...

Rio Ferdinand was asked to choose whether Arsenal star Declan Rice or...
6h ago from SportsKeeda.com

Arsenal v West Ham – live blog

Join us for live blog coverage of our Premier League clash with West Ham...
2d ago from Arseblog.com

Report: Arsenal fan favourite 'on the radar' of elite...

Real Madrid will continue to keep tabs on the Arsenal defender, William...
2d 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.