News Details

F1 still 'very profitable' for Mercedes - CEO

Feb.3 Daimler CEO Ola Kallenius has continued to play down rumours that Mercedes will no longer operate as a full works team in Formula 1 after 2020. He had already declared that speculation a bombshell decision will be made at a board meeting on February 12 is "not truer". And now he is quoted by Auto magazine as saying: "We won the world championship six times in a row. "This is a unique achievement, and in terms of marketing, it more than pays for the costs. So it is a very profitable investment." However, a well-known pundit for the Finnish broadcaster C More, Ossi Oikarinen, said he wouldn't be surprised if Mercedes pulls the plug, deciding instead to remain...
Full Story »
Share

You May Also Be Interested In...

Racing Point to become works Aston Martin team in 2021!

Lawrence Stroll's Racing Point F1 outfit will become the works Aston...
6y ago from F1i.com

WATCH: Will Aston Martin become a real works team in...

It was announced Friday that Racing Point Formula 1 team would become...
6y ago from GPBlog.com

Aston Martin's last works involvement in F1

Aston Martin will return to Grand Prix racing as a works outfit in 2021,...
6y ago from F1i.com

Racing Point to become Aston Martin works team

When initial rumors of Lawrence Stroll investing in Aston Martin and...
6y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

David Malukas’ Penske poise earns accolades from...

After just two races with Team Penske under his belt, David Malukas is...

Popular On TotalWRC.com

Popular On GunnersToday.com

Havertz eager to make up for lost time for Arsenal...

t;li>Forward says knee injury was ‘most painful’ of his lifeGerman...
3h ago from TheGuardian.com

Arsenal join 140m superstar hunt with Man United as...

Arsenal and Manchester United are looking to strengthen their attacking...
4h ago from CaughtOffside.com

Chelsea prep mega bid for 90 million-rated Arsenal and...

Chelsea is hoping to sign the PSG attacker Khvicha Kvaratskhelia at the...
6h ago from CaughtOffside.com

'I don't know if it's allowed' - Leverkusen boss...

Bayer Leverkusen boss Kasper Hjulmand has questioned the legality of...
4h 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.