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Mercedes confirm departure of Nick Fry

22 March, 2013 Nick Fry with Ross Brawn The Mercedes AMG Petronas Formula 1 team today announced that Nick Fry, the team's Chief Executive Officer, will step down from his current position at the beginning of April. He will continue to assist the team's commercial operations as a consultant until at least the end of 2014. Toto Wolff, the team's new Executive Director and 30 per cent shareholder, will therefore take a greater role in the day-to-day running of the team alongside Team Principal Ross Brawn, assuming the areas of responsibility previously held by Fry. Fry said, 'I feel very privileged to have had the opportunity to work with our team for the last 11 years and remain extremely...
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