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...
1y ago from GrandPrix247.com

Mercedes monitoring situation at bankruptcy-facing FTX

The Mercedes Formula 1 team said on Thursday they were keeping the...
1y 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...
1y ago from F1i.com

Key Mercedes F1 sponsor files for bankruptcy

Article To news overview © XPBimages A key sponsor of the Mercedes...
1y ago from RacingNews365.com

Elsewhere On The Network

Popular On MGPToday.com

Martin wins as Marquez crashes in Jerez MotoGP Sprint

Jorge Martin won a Jerez MotoGP Sprint of attrition as Marc Marquez...

Popular On IndyCarToday.com

Rahal criticizes Penske’s ‘poor excuses’ over...

Everybody in the IndyCar paddock is talking about Team Penske’s misuse...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal 'leading Manchester clubs in race for Brighton...

Arsenal are reportedly leading the race ahead of both Manchester City and...
55m 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.