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Mercedes reportedly ready to sign new Concorde
Sep.25 Mercedes parent Daimler has reportedly decided to stay in Formula 1 beyond 2012, amid rumours swirled in the Singapore paddock that the Stuttgart manufacturer is on the verge of pulling the plug.
That, combined with the dithering over the 2012 Concorde Agreement, could explain the long delay in Lewis Hamilton's decision about whether to join the so-called ‘Silver Arrows' in 2013.
German sources had reported that Daimler chairman Dieter Zetsche has ordered cost cuts of more than a billion euros in the Mercedes road car division.
That ramped up fears that the F1 programme would also get the axe.
Responding to the rumours, Norbert Haug said in Singapore: 'I believe we have...
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13y ago from YallaF1.com
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