Despite a very difficult start to the Formula 1 season, the Mercedes AMG F1 team has no intention of leaving Formula 1 in the next few years, or so it seems. But the recent statement made by Mercedes Group boss could simply be a double meaning, and the Brackley based Mercedes team might still be sold.
The start of the 2022 F1 season is far from ideal for Mercedes. Used to occupying the highest steps of the podium since 2014, the German team has been suffering a lot this year, due to the new regulations in force. After five races, the team led by Toto Wolff is only third in the Formula One constructors’ championship, far behind Ferrari and Red Bull.
However, Mercedes does not seem to be demotivated and intends to establish itself in Formula 1 for the very long term, or so it seems. Rumours and speculation have it that Toto Wolff’s Brackley based team could be up for sale, with Mercedes simply pursuing a presence in Formula 1 as an engine supplier.
“F1 has a bright future ahead of it” says the Mercedes CEO.
During the Financial Times Future of the Car Summit, Ola Källenius, the boss of Mercedes-Benz Group (the new name for Daimler) said:
“There is significant growth in the sport, especially among the younger drivers,
“So we are happy to be part of this show and to be one of the strengths of Formula 1, exploiting it both for our technological development and for marketing.
“As far as we are concerned, F1 has a bright future ahead of it. Mercedes fans can rest assured that the brand will continue to fight for more titles in motorsport’s top discipline.”