Mercedes ‘are not pulling out’ of F1

Michelle Foster
Toto Wolff

Toto Wolff

Toto Wolff insists Mercedes have no plans to withdraw from Formula 1 despite the topic being raised at a recent board meeting.

Mercedes returned to Formula 1 in 2010, buying the championship-winning Brawn GP team.

It wasn’t until the team’s third season that they claimed their first race win when Nico Rosberg triumphed at the Chinese Grand Prix.

Two years later they won the championship double with Lewis Hamilton taking his first of four Mercedes World titles.

The team has added four since, stringing together a run of five successive doubles.

However, as part of a big company, the Mercedes F1 team is beholden to the board of Daimler AG who check in every now and then.

One question often asked if Mercedes commitment to Formula 1 and whether or not they plan to be in the sport for the long-haul.

Wolff says they do.

“We are not pulling out,” the motorsport boss stated.

“We had the discussion in the board because as a large corporation and a brand you need to choose ‘do you want to be in here for the long term?’ and go through cycles.

“There might be times that will be very difficult, like the early 2010s, and then there will be years that are great.

“Are we prepared as a brand to stick to Formula 1 long term and go through these cycles?

“Or on the other hand, is the environment changing and do we want to take the maximum success and then take a decision on whether to go or stay?

“I think that the truth lies somewhere in the middle.”

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