News Details
Kaellenius: Mercedes leaving F1 is like Bayern quitting football
Mercedes owner Daimler is committed to Formula 1 but is working to slash costs and cut the environmental impact of motor racing, Chief Executive Ola Kaellenius confirmed on Wednesday. 'We have as little reason to step out of Formula 1 as Bayern Munich has to step out of football,' he said during a virtual roundtable discussion with journalists on Wednesday. The carmaker is developing a plan to make the sport emissions neutral, including through the use of synthetic fuels, and wants to improve the costs of competing in motor racing. 'The net financial impact will be halved in the next three years. We have an even more aggressive cost reduction target in Formula 1 than for the rest of the...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Mercedes uses AMG brand to reaffirm commitment to F1
Mercedes has moved to remove any doubt over its future in Formula 1, with...
5y ago from GrandPrix247.com
Kvyat: What was Albon doing?
AlphaTauri's Daniil Kvyat has hit-out at Alexander Albon for his...
5y ago from GrandPrix247.com
Kvyat slams ‘unprofessional' Albon over chicane...
AlphaTauri driver Daniil Kvyat says he “didn’t understand”...
5y ago from MotorsportWeek.com
BREAKING: Hamilton equals Schumacher's race win record...
Lewis Hamilton equalled Michael Schumacher 91 race win record in Formula...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Nicolo Bulega is not Ducati's "first choice"...
No description available...
39m ago from Motorsport.com
How Ai Ogura is starting to fulfil his MotoGP potential
No description available...
3h ago from Motorsport.com
Ducati carries out 850cc MotoGP bike shakedown at...
No description available...
21h ago from Motorsport.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Tweaked single-car Fast Six qualifying set for...
No description available...
18h ago from Motorsport.com
IndyCar expands qualifying change for remaining street...
The NTT IndyCar Series has announced that it will be continuing with an...
17h ago from MotorsportWeek.c...
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
22h ago from Motorsport.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why WRC Croatia victory was “quite special” for...
No description available...
21h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
2d ago from MotorsportWeek.c...
WRC Croatia: Driver crashes… then sits down for...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'I'm on fire!' - Arteta calls for 'no fear' in biggest...
Mikel Arteta has called for Arsenal to have "no fear" and...
39m ago from SkySports.com
'I'm dreaming so much' - Mikel Arteta makes claim...
Arsenal boss Mikel Arteta has opened up about his feelings ahead of their...
9m ago from SportsKeeda.com
Arsenal suffer injury crisis ahead of Champions League...
Arsenal boss Mikel Arteta has been handed a blow ahead of the Champions...
1h ago from SportsKeeda.com
“Just keep it to yourself” - Sam Allardyce hits...
Sam Allardyce has ripped into Arsenal manager Mikel Arteta for publicising...
3h ago from SportsKeeda.com
Comments
Hottest News
FIA ban clever Mercedes and Red Bull F1 engine trick -...
The FIA has reportedly banned a trick used... Read More »
1h ago from RacingNews365.com
F1 legends forced to quash commentary replacement rumours
Formula 1 legends Martin Brundle and Jenson... Read More »
59m ago from MotorsportWeek.com
Michael Schumacher breaks Ferrari record as F1 rivals have...
On this day, April 14, 2002, Michael Schumacher... Read More »
59m ago from RacingNews365.com
