News Details

F1 still 'very profitable' for Mercedes - CEO

Feb.3 Daimler CEO Ola Kallenius has continued to play down rumours that Mercedes will no longer operate as a full works team in Formula 1 after 2020. He had already declared that speculation a bombshell decision will be made at a board meeting on February 12 is "not truer". And now he is quoted by Auto magazine as saying: "We won the world championship six times in a row. "This is a unique achievement, and in terms of marketing, it more than pays for the costs. So it is a very profitable investment." However, a well-known pundit for the Finnish broadcaster C More, Ossi Oikarinen, said he wouldn't be surprised if Mercedes pulls the plug, deciding instead to remain...
Full Story »
Share

You May Also Be Interested In...

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston...
6y ago from F1i.com

WATCH: Will Aston Martin become a real works team in...

It was announced Friday that Racing Point Formula 1 team would become...
6y ago from GPBlog.com

Aston Martin's last works involvement in F1

Aston Martin will return to Grand Prix racing as a works outfit in 2021,...
6y ago from F1i.com

Racing Point to become Aston Martin works team

When initial rumors of Lawrence Stroll investing in Aston Martin and...
6y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Massimo Rivola: Aprilia has become the ‘benchmark’...

Massimo Rivola has admitted that Aprilia has become the current reference...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

William Gallas tells Arteta to replace 2 Arsenal...

William Gallas has urged Arsenal to change their playing style to get the...
3h ago from SportsKeeda.com

Are Arsenal going to bottle it? The next four games...

Arsenal have a crucial four games coming up, ever since I made it clear...
5h ago from CaughtOffside.com

Formal offer expected: Arsenal favourites over Bayern...

Arsenal are reportedly expected to make a formal offer for the transfer of...
8h ago from CaughtOffside.com

“On another day, he scores a couple of goals” -...

Former Manchester City star Micah Richards believes Max Dowman was the...
6h ago from SportsKeeda.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.