Despite their poor start to the 2022 Formula 1 season, Mercedes have insisted they will remain in the sport for a number of years to come. The German team, who have won the Constructors’ Championship eight-years in a row, currently sit third in the standings after five races. Both Lewis Hamilton and George Russell have
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Daimler, the parent company of the Mercedes auto-maker and the Mercedes F1 Team, has announced that it will be renamed Mercedes-Benz by the end of 2021 and will list its truck arm under a separate entity. As news of this planned restructuring broke, Daimler’s share price jumped almost nine percent, approaching its two-year high. READ:
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There is a “real chance” that George Russell could replace Sir Lewis Hamilton at Mercedes in 2021, a source told Formula1News.co.uk earlier today. Join F1 TV To Watch Live Grand Prix & Access Hundreds Of Full Races And separately, ex-F1 driver Christijan Albers has said he believes Russell shattered Sir Hamilton’s plan to negotiate a
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Mercedes and Lewis Hamilton are yet to ink a new contract which will see them continue to race together in 2021 and beyond, but a breakthrough could be on the horizon according to reports from Italy. Last week, the Rome-based Corriere dello Sport newspaper reported that Daimler, Mercedes’ parent company, had blocked a $50 million
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Lewis Hamilton is now officially a free agent, with his most recent Mercedes contract expiring at the end of 2020 and the seven-time F1 World Champion yet to agree a new deal with the Silver Arrows. Hamilton and Mercedes have previously insisted that there is no reason for them not to continue their journey together,
MoreFollowing the announcement on Friday that Toto Wolff will be staying on as Mercedes team principal and CEO for at least another three years, all eyes are on Lewis Hamilton as the F1 community waits for him to ink a new deal with the Silver Arrows. Commenting on the matter, Wolff has said he believes
MoreMercedes team principal Toto Wolff has said they are looking to avoid agreeing a one-year contract extension with Lewis Hamilton, as that would mean they’d need to go through the negotiating process all over again next year. “We are in a new world and COVID really has changed the way we do business and the
MoreDaimler CEO Ola Kaellenius has announced that they are planning to slash the budget of the Mercedes F1 Team, but he reaffirmed their commitment to Formula One. Speaking at a virtual roundtable event with reporters earlier this week, the CEO of the Mercedes F1 Team’s parent company said: “We have as little reason to step
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