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

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
16h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Premier League 2025-26 preview No 1: Arsenal

el Arteta enters a pivotal season after finally buying a centre-forward...
5h ago from TheGuardian.com

'He has champion mentality in bucket loads' -...

Former Arsenal academy coach Temisan Williams believes teenage star Max...
11h ago from SportsKeeda.com

Saudi Arabia make decision regarding possible summer...

Saudi Arabia have pulled the plug on their pursuit of Real Madrid's...
12h ago from SportsKeeda.com

'It's not a step up, it's not a step down' - Pundit...

Former Chelsea winger Pat Nevin believes Noni Madueke's transfer to...
13h 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.