News Details

Mercedes ‘as stable in F1 as Bayern in football'

Ola Kallenius, CEO of Daimler, has insisted Mercedes are in Formula 1 for the long haul – likening their stability to that of Bayern Munich. Recent speculation has suggested Mercedes could sell their all-conquering F1 operation to sponsor Ineos, but those rumours were shot down by team principal Toto Wolff. Mercedes were among all 10 Formula 1 constructors that recently pledged their future to the sport via the latest Concorde Agreement that binds them for five years, although that does not necessarily preclude a change of ownership. However, Kallenius, chairman of Daimler and head of their subsidiary Mercedes-Benz, says there is nothing to make the World Champions give up F1, especially...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Kaellenius: Mercedes leaving F1 is like Bayern...

Mercedes owner Daimler is committed to Formula 1 but is working to slash...
4y ago from GrandPrix247.com

Daimler: 'No reason why we should leave F1'

It was indirectly announced last week that Mercedes would not leave...
4y ago from GPBlog.com

Horner is in a hurry to find an engine: "It's...

Red Bull will have to look for another engine supplier due to the...
4y ago from GPBlog.com

Tsunoda Red Bull future "nothing to do" with...

AlphaTauri team principal Franz Tost has insisted Honda's withdrawal from...
4y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Arsenal not alone in race to sign Jeremy Jacquet;...

Arsenal are not the only club eyeing a move for Jeremy Jacquet this...
5h ago from SportsKeeda.com

Former Arsenal and Chelsea star David Luiz completes...

Former Arsenal and Chelsea defender David Luiz has joined Pafos FC. The...
4h ago from SportsKeeda.com

'The more likely option' – Arsenal star tipped...

Arsenal have had a busy summer so far, and their busy is far from over...
6h ago from CaughtOffside.com

Arsecast Extra Episode 652 – 04.08.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
6h ago from Arseblog.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.