Formula 1: Mercedes plans to race for years to come, assures parent company Daimler
Mercedes plans to stay in Formula One for years to come, parent company Daimler has said after renewed speculation about the world champions’ future and the intentions of team principal Toto Wolff.
London: Mercedes plans to stay in Formula One for years to come, parent company Daimler has said after renewed speculation about the world champions’ future and the intentions of team principal Toto Wolff.
Daimler criticised the “unfounded and irresponsible” reports.
“The sport has taken the right measures to address the consequences of the COVID-19 pandemic and its future financial sustainability, and we welcome these steps,” it said in a statement.
“It is our clear intention to continue competing in Formula One as a Mercedes-Benz works team in the years to come, and to do so with our managing partner Toto Wolff.”
Germany’s Auto Bild had suggested on Thursday that Racing Point owner and Aston Martin’s executive chairman Lawrence Stroll could buy Daimler’s stake in the Mercedes team.
The report said Wolff, a 30% shareholder, could stand back from his operational role.
Mercedes have won the last six successive drivers and constructors’ titles, with Britain’s Lewis Hamilton chasing a record-equalling seventh this year.
The German racer joined Aston Martin last year after five successful years at Ferrari, finishing at the 12th spot at the end of the 2021 season, and is at the 14th spot in the driver's standings in the ongoing season.
It is always sad to see a legend leave the sport — and Vettel's signature one figure victory salute and trademark victory donuts have been unforgettable. That said, it is also painful to watch a star struggle and slowly fade away
The Australian said he tried to ignore them, but they impacted his mental health.