News Details

Mercedes rubbishes 'unfounded and irresponsible' F1 exit reports

Mercedes has moved to dismiss reports that emerged in the German media on Thursday claiming that an exit of the German manufacturer from F1 was well underway. Reports from AutoBild and F1Inside.com alleged that Mercedes team boss Toto Wolff was on the verge of resigning from the Brackley squad but would retain his 30 percent ownership in the team while Daimler's 70 percent holding would be traded for shares in Aston Martin in which the German manufacturer already owns a 5 percent stake. The operation would thus leave Wolff and Aston Martin - the latter headed by executive chairman and Racing Point owner Lawrence Stroll - as the new owners of the Silver Arrows outfit. Wolff reportedly set...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Daimler: Mercedes exit rumours are unfounded and...

Mercedes' parent Daimler have moved to quash reports they are considering...
5y ago from GrandPrix247.com

Mercedes rubbishes ‘unfounded and irresponsible’...

Mercedes and its parent company, Daimler, have denied “unfounded and...
5y ago from Crash.net

Mercedes quit speculation "unfounded and...

Mercedes have sought to shut down speculation of both the manufacturer's...
5y ago from GPFans.com

Mercedes and Wolff quit speculation "unfounded...

Mercedes has sought to shut down speculation of both the manufacturer's...
5y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...

Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...
23h ago from MotorsportWeek.c...

Popular On GunnersToday.com

AC Milan plotting January move for Arsenal star who...

AC Milan have reportedly made Gabriel Jesus their top attacking target for...
1h ago from CaughtOffside.com

It's fine to to win and be annoyed

Morning all. It's the start of a new week, and now that the dust has...
2h ago from Arseblog.com

DRAMA! Arsenal snatch late win over Wolves to move...

Highlights from the Premier League match between Arsenal and Wolves.
1d ago from SkySports.com

Comments

Hottest News

Max Verstappen F1 shop CLOSING

The popular Max Verstappen shop in Swalmen in the... Read More »
33m ago from GPFans.com

Helmut Marko calls Christian Horner a LIAR and it's 'why he...

Former Red Bull F1 advisor Helmut Marko has said... Read More »
1h ago from GPFans.com

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.