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Mercedes ends exit rumours with new Petronas deal
Mercedes has put an end to any talk that it could pull out of Formula 1 at the end of next year by revealing that it signed a long-term contract extension with title sponsor Petronas last winter. Speculation about Mercedes' long-term plans has been fuelled in recent weeks, with Channel 4 pundit Eddie Jordan claiming the German car manufacturer could walk when sponsor deals with Petronas and UBS supposedly came to an end after 2018. While Mercedes has publicly denied the claims, it moved on Saturday morning to confirm beyond doubt that it was staying because a long-term contract was already in place with Petronas which is set to run for at least another three years. Petronas CEO Datuk Wan...
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8y ago from Motorsport.com
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