Press ESC to close

EST. 2005 — 441,036 POSTS & COUNTING NEWS  •  FORUM  •  PASSION
Pit Wall Live
Members4,995
Posts441,036
Last TXHello, new member heredarwin dali · Jul '25
Since2005
Home  //  News  //  Mercedes hints they are staying…

Mercedes hints they are staying in F1

May 9 (GMM) Mercedes has dropped a strong hint that it has no intention of racing out of formula one at the end of this season. The German marque is currently arguing with F1 chief executive Bernie Ecclestone over the 2013 Concorde Agreement, after o...

WordsForumula1.com Staff
DateMay 09 2012
Read01:30

Mercedes has dropped a strong hint that it has no intention of racing out of F1 at the end of this season.

The German marque is currently arguing with F1 chief executive Bernie Ecclestone over the 2013 Concorde Agreement, after only Ferrari, McLaren and Red Bull were offered places on the sport’s post-floatation board. Media reports have indicated Mercedes, a supplier of engines and also with its own Brackley based works team, could quit F1 over the spat.

“We are in discussions with the commercial rights holder and we would like to ask for your understanding that we are not currently commenting on these discussions,” a Mercedes spokesman told CNN.

In reality, however, Mercedes is already making plans for 2013. On Tuesday, the team announced that the Swiss matchmaker IWC Schaffhausen has signed up to become a sponsor “from January 2013”.

“It is widely recognised that motor sport serves as a testing ground for technologies that ultimately benefit us all,” team boss Ross Brawn said in the media statement. “As the pinnacle of global motor sport, Formula One is at the forefront of such development, and that leading role is set to continue in the years ahead.”

Source:GMM

Mercedes Words: Forumula1.com Staff // FORUMula1.com