News Details
Mercedes: Formula 1 a very worthwhile investment
All-conquering Mercedes looks set to stay in Formula 1 in 2021 and beyond, with new CEO Ola Kallenius hailing the company's investment and success in the top flight. Team boss Toto Wolff had warned earlier this week that, given Mercedes' recent utter dominance of Formula 1 and the looming end of the Concorde Agreement, it is 'not a given' that the German marque will sign up for more. However, at an investor meeting in London, Kallenius suggested that the Brackley based team's parent company remains keen on F1. That is despite the fact that he also announced that Mercedes parent Daimler will make $1.5 billion in savings by implementing measures like job cuts. But when asked about Formula 1,...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Wolff: Indications are Mercedes will stay in F1 but...
Mercedes are likely to stay in Formula 1 after major changes come into...
5y ago from GrandPrix247.com
Mercedes in F1 is ‘not a given'
When negotiating a very important document like the next Concorde...
5y ago from TheParcFerme.com
Wolff won't attend Brazilian GP after Merc title wins
Brazilian Grand Prix – Mercedes' boss Toto Wolff will miss his...
5y ago from FormulaSpy.com
Toto Wolff on Mercedes’ Super Six: “I still pinch...
Toto Wolff admits he needs to pinch himself after
overseeing six...
5y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
8h ago from Motorsport.com
Jorge Martin targets podium after injury hit his 2025...
No description available...
1d ago from Motorsport.com
MotoGP to use 100% non-fossil fuels by 2027 season
MotoGP has announced that the fuel used across all Grand Prix classes...
1d ago from MotorsportWeek.c...
How 2025 became Marc Marquez’s most dominant MotoGP...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
4h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
4h ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
1d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Kurt Busch backs WRC return to USA after first taste...
No description available...
1h ago from Motorsport.com
Sebastien Ogier won't rule out WRC title push
No description available...
5h ago from Motorsport.com
Hyundai's WRC future confirmed for 2026 season
No description available...
7h ago from Motorsport.com
Why the FIA is confident WRC will head to USA in 2027...
No description available...
9h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star Gabriel Magalhaes trolls Tottenham star...
Arsenal centre-back Gabriel Magalhaes trolled Tottenham Hotspur attacker...
18m ago from SportsKeeda.com
Sarr's screamer gives Spurs win over Arsenal as...
Pape Sarr's stunning halfway line goal gave Tottenham a 1-0 pre-season...
4h ago from SkySports.com
The Swedish club with 'no fans' but a giant academy...
Viktor Gyokeres is adapting to unfamiliar surroundings at Arsenal but he...
4h ago from SkySports.com
'Physical machine' Gyokeres - Arsenal's missing piece...
For years, the football world called for Arsenal to sign a striker and the...
4h ago from SkySports.com
Comments
Hottest News
Steiner names driver who shouldn’t be in F1 this season
Former Haas team principal Guenther Steiner has... Read More »
6h ago from F1i.com
Max Verstappen set for Red Bull change at Hungarian Grand...
Defending F1 world champion Max Verstappen is... Read More »
58m ago from GPFans.com
Red Bull SPLIT emerges as pressure piles on key driver issue
A new issue appears to be brewing at Red Bull as... Read More »
2h ago from GPFans.com
