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Daimler: Mercedes exit rumours are unfounded and irresponsible
Mercedes' parent Daimler have moved to quash reports they are considering exiting Formula 1, stating it is their 'clear intention' to continue in the sport. Per reports in the German media, serious discussions were taking to place to trade the Mercedes F1 team to Aston Martin owner Lawrence Stroll in return for a larger stake in his company, while team principal Toto Wolff would expand his 30% share in the team and move from an operational to an advisory role at the Silver Arrows. In response, Daimler have released a statement rubbishing the claims. “Speculation regarding a potential withdrawal from Formula 1 continues to be unfounded and irresponsible,' it read. 'The sport has taken the...
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5y ago from GrandPrix247.com
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