Daimler have confirmed that Mercedes are staying in F1 long-term, calling reports that they may be set to quit “unfounded and irresponsible”.
Reports have rumbled on for a while now that Daimler are looking to sell their Mercedes F1 team, while the uncertain futures of boss Toto Wolff and six-time World Champion Lewis Hamilton have done little to help the chatter go away.
And recent reports have now surfaced that suggest Toto Wolff is ready to step down from his role as the Mercedes team boss.
But Daimler have hit back, calling all the reports “unfounded and irresponsible”, while assuring that Mercedes have a “clear intention” to stay in Formula 1.
“The sport has taken the right measures to address the consequences of the COVID-19 pandemic and its future financial sustainability, and we welcome these steps,” their statement read.
“It is our clear intention to continue competing in Formula One as a Mercedes-Benz works team in the years to come, and to do so with our managing partner Toto Wolff.”
Wolff confirmed recently that the team were not going to finalise their driver plans for 2021 before the 2020 season had got underway.
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