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Mercedes ‘as stable in F1 as Bayern in football'
Ola Kallenius, CEO of Daimler, has insisted Mercedes are in Formula 1 for the long haul – likening their stability to that of Bayern Munich. Recent speculation has suggested Mercedes could sell their all-conquering F1 operation to sponsor Ineos, but those rumours were shot down by team principal Toto Wolff. Mercedes were among all 10 Formula 1 constructors that recently pledged their future to the sport via the latest Concorde Agreement that binds them for five years, although that does not necessarily preclude a change of ownership. However, Kallenius, chairman of Daimler and head of their subsidiary Mercedes-Benz, says there is nothing to make the World Champions give up F1, especially...
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4y ago from PlanetF1.com
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