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Mercedes confirms commitment to F1 - strengthens ties to AMG
Mercedes has reaffirmed its commitment to Formula 1, the German manufacturer strengthening the ties that exist between its Grand Prix team and its AMG division. Mercedes F1 boss Toto Wolff recently rubbished rumors of a sale of the manufacturer's F1 outfit to UK chemical giant and team sponsor INEOS In a conference call with investors on Tuesday, any remaining doubts about Mercedes' future in Grand Prix racing were put to rest by the company's new global strategy that include a presence in F1, closer ties to AMG and a full commitment to electrification, with the production of a range of new cars "We will use the technology development in Formula 1 for performance hybrids and going...
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