News Details

Cutting Daimler spending key to Mercedes' F1 future

Mercedes principal Toto Wolff says cutting parent company Daimler's contributions to their F1 team is crucial for their 'long-term future'. Despite capturing the Drivers' and Constructors' titles for the past six years, Mercedes' future in the sport isn't guaranteed. Their parent company Daimler were present at the season-ending Abu Dhabi GP as board member Britta Seeger received the Constructors’ trophy on the podium, but the team's accounts for 2018 showed that Daimler's contributions were still just under £40million. Therefore even though racing is at Mercedes' 'core', Wolff still says cutting Daimler's contributions is vital to their 'long-term' F1 future. “I am the one that is...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Aston Martin: We’re certainly not actively soliciting

Aston Martin’s two major shareholders are in it for the long term and...
5y ago from GrandPrix247.com

Toto Wolff: 'What I have with Mercedes is unique'

Much has been made of Toto Wolff's future at Mercedes. There is...
5y ago from GPBlog.com

Mercedes “absolutely certain” George Russell has...

Mercedes boss Toto Wolff has said that they are “absolutely...
5y ago from GPBlog.com

Wolff insists Mercedes will consult Hamilton before...

Toto Wolff has admitted Mercedes won't dive straight into signing a new...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez quickest in first MotoGP practice at...

Distant championship leader Marc Marquez continued his dominance by...

Jack Miller on 2026 MotoGP plans: ‘Your guess is...

Four-time MotoGP race winner Jack Miller is waiting for an answer from...

Popular On IndyCarToday.com

PREMA adapting European approach to better suit IndyCar

PREMA has nearly completed its first season fielding a pair of entries in...
21h ago from MotorsportWeek.c...

NASCAR Trucks to join IndyCar for St. Petersburg race...

The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...

Popular On TotalWRC.com

Popular On GunnersToday.com

Collymore's column: Eberechi Eze, Alexander Isak...

In his exclusive column for CaughtOffside, former Liverpool striker Stan...
2h ago from CaughtOffside.com

'Makes a lot of sense' – Collymore reacts to...

In the last 48 hours, Arsenal have beaten north London rivals Tottenham to...
2h ago from CaughtOffside.com

£45m bid prepared: Crystal Palace to attempt hijack...

Crystal Palace are reportedly preparing to launch a transfer bid worth a...
5h ago from CaughtOffside.com

Report: Crystal Palace considering £30m move for...

Jakub Kiwior’s Arsenal future looks increasingly uncertain, with...
3h ago from FreshArsenal.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.