News Details

Toto Wolff says he's in ‘utter disbelief' amid collapse of Mercedes partner

Whilst Mercedes were left to celebrate George Russell's maiden Formula 1 victory and the team's first of 2022 at the Brazilian Grand Prix, it wasn't all plain sailing for the Germans, who had to remove a sponsor prior to the weekend. Mercedes removed all FTX branding from the W13's and other assets, after the crypto company filed for bankruptcy following the collapse of the crypto exchange. Mercedes boss Toto Wolff, who is a firm believer in crypto, was left in 'utter disbelief' that the Bahamas-based company were left filing for bankruptcy, after deeming FTX to be one of the most 'credible and solid' companies in the crypto industry. The company announced their...
Full Story »
Share

You May Also Be Interested In...

The aftermath of FTX bankruptcy

Sports teams and businesses may shy away from long-term deals with crypto...
2y ago from GrandPrix247.com

Mercedes monitoring situation at bankruptcy-facing FTX

The Mercedes Formula 1 team said on Thursday they were keeping the...
2y ago from GrandPrix247.com

Mercedes retaining FTX logos on W13 amid crypto...

The Mercedes F1 team has retained the presence on its cars in Brazil of...
2y ago from F1i.com

Key Mercedes F1 sponsor files for bankruptcy

Article To news overview © XPBimages A key sponsor of the Mercedes...
2y ago from RacingNews365.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Ott Tanak ends Hyundai’s victory drought

Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...

Popular On GunnersToday.com

Report: £60m Premier League attacker on Arsenal radar...

Arsenal are reportedly considering a move for Nottingham Forest’s...
43m ago from CaughtOffside.com

Reports: Arsenal advancing deal to sign 55m-rated...

Arsenal are set to confirm several transfers this week, but they aren't...
53m ago from FreshArsenal.com

'Out of the blue' – Arsenal now expected to wrap...

Arsenal are expected to come back in with an improved offer for Valencia...
1h ago from CaughtOffside.com

Report: Arsenal could now sign striker for bargain 60m...

Arsenal’s pursuit of a striker could finally kick into gear as a crucial...
53m ago from FreshArsenal.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.