News Details
Mercedes rubbishes ‘unfounded and irresponsible’ F1 exit reports
Mercedes and its parent company, Daimler, have denied “unfounded and irresponsible” reports that it is planning to quit Formula 1. German media outlets Auto Bild and F1insider.com reported that Mercedes was on the cusp of leaving F1 with Daimler keen to trade the team for an increased share in Aston Martin, following the British supercar firm’s appointment of ex-AMG boss Tobias Moers. It was also claimed that Toto Wolff would withdraw from his role as Mercedes team principal at the end of the year when his current contract expires, however Daimler moved to pour cold water over the story. A Daimler statement issued to Crash.net via Mercedes said: “Speculation regarding a potential...
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