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Daimler expresses ‘clear intention’ to stay in F1 as factory team

Mercedes-AMG Formula One Team's Lewis Hamilton Daimler has pronounced its “clear intention” to compete in Formula 1 as the Mercedes factory team in response to a report claiming that it would step back. The report, from Germany, claimed that Daimler would become a minority shareholder of the Mercedes-AMG Formula One Team with a sale of part of its stake to Lawrence Stroll. The Canadian billionaire is an owner of the Racing Point F1 Team, which Mercedes AMG HPP supplies, and which will be rebranded as the Aston Martin F1 Team next year after he acquired a significant stake in the British marque. Mercedes Team Principal Toto Wolff, a 30 percent shareholder in the team, is a friend of...
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3y ago from SpeedCafe.com 0
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