News Details

Daimler: Mercedes exit rumours are unfounded and irresponsible

Mercedes' parent Daimler have moved to quash reports they are considering exiting Formula 1, stating it is their 'clear intention' to continue in the sport. Per reports in the German media, serious discussions were taking to place to trade the Mercedes F1 team to Aston Martin owner Lawrence Stroll in return for a larger stake in his company, while team principal Toto Wolff would expand his 30% share in the team and move from an operational to an advisory role at the Silver Arrows. In response, Daimler have released a statement rubbishing the claims. “Speculation regarding a potential withdrawal from Formula 1 continues to be unfounded and irresponsible,' it read. 'The sport has taken the...
Full Story »
4y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Stroll lines up ‘£200m' Aston Martin F1...

Racing Point owner Lawrence Stroll will invest £200m into his F1 team,...
4y ago from PlanetF1.com

Aston Martin dumps Palmer for Mercedes executive

Aston Martin has replaced CEO Andy Palmer with head of Mercedes-AMG's...
4y ago from GrandPrix247.com

Mercedes quit speculation "unfounded and...

Mercedes have sought to shut down speculation of both the manufacturer's...
4y ago from GPFans.com

Mercedes and Wolff quit speculation "unfounded...

Mercedes has sought to shut down speculation of both the manufacturer's...
4y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

LCR boss reveals Honda is ‘more determined than...

LCR team owner Lucio Cecchinello has revealed that Honda is "more...

Francesco Bagnaia explains ‘weak point' that...

Factory Ducati rider Francesco Bagania explained his "weak...

Yamaha officially begins testing of V4 MotoGP engine

Yamaha technical director Max Bartolini has confirmed the MotoGP factory...

Popular On IndyCarToday.com

Arrow McLaren unveils new themed liveries for Indy 500

Arrow McLaren has unveiled a trio of special liveries for the upcoming...
23h ago from MotorsportWeek.c...

IndyCar outlines replacement driver rules for Indy 500

The NTT IndyCar Series has released updated guidelines that will be...

Popular On TotalWRC.com

Popular On GunnersToday.com

Five PL clubs want to sign Cunha this summer amid...

Five Premier League clubs, including Manchester United, want to sign...
1h ago from SkySports.com

Mikel Arteta confirms key Arsenal star set to be out...

Arsenal boss Mikel Arteta has confirmed that midfielder Jorginho is set to...
2h ago from SportsKeeda.com

Crystal Palace injury news: Oliver Glasner issues Ben...

Crystal Palace boss Oliver Glasner confirms why Ben Chilwell will miss...
1h ago from SportsMole.co.uk

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.