Mercedes has 'clear intention' to continue in F1 for years

03 Juin, 2020, 09:28 | Auteur: Adelaide Bullion
  • Mercedes has 'clear intention' to continue in F1 for years

The speculation suggested the recent movement of former AMG boss Tobias Moers to Aston Martin would lead to the two manufacturers brokering a deal - Mercedes handing over shares in its F1 team to Stroll in return for his 25% ownership stake in Aston Martin.

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.

As for Wolff's future as team boss, Howe responded: "Toto is and will remain our team boss beyond the (2020) season".

A statement from Mercedes said: "Speculation regarding a potential withdrawal from Formula 1 continues to be unfounded and irresponsible". As the parent company of Mercedes, that organisation has a lot of influence on the Formula 1 team and it has therefore been decided that the collaboration with Wolff will be continued as the top man.

"The sporting activity has taken the ideal procedures to attend to the effects of the COVID-19 pandemic as well as its future economic sustainability, as well as we invite these actions".

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Wolff's present agreement as Mercedes' F1 group principal runs out at the end of 2020, as well as he has been in talks with the Daimler board over a brand-new offer.

One opportunity is for Wolff to remain as group principal however go back from such an extreme timetable by not participating in all races.

Wolff said the exercise was an "experiment" to see how he could cope with being away from the team if he made a decision to miss more races in the future.

Mercedes returned to F1 with a works team in 2010, and has gone on to win a record-breaking six consecutive drivers' and constructors' championship doubles since 2014.

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