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Posted on Thursday, November 28, 2013

Ross Brawn to step down as Mercedes team principal

Ross Brawn will step down from his position as team principal at Mercedes at the end of 2013, it was announced on Thursday. Following an extended period of open discussion between the team's key stakeholders, Ross has chosen to hand over the team leadership to Executive Director (Business) Toto Wolff and Executive Director (Technical) Paddy Lowe. Ross Brawn, who will formally leave the team on 31st December 2013, said: "The most important consideration in my decision to step down from the role as Team Principal […]

Posted on Wednesday, July 17, 2013

Ex-F1 boss Kolles tried to blackmail Wolff

Former HRT boss Colin Kolles tried to blackmail Mercedes chief Toto Wolff earlier this year, it has emerged. We reported earlier that a conversation between Austrian Wolff and a then-unnamed former F1 team boss was "secretly recorded" and then threatened to be used against him. Bild newspaper had said Wolff spoke negatively about his own boss, Ross Brawn, colleague Niki Lauda, and also Daimler chairman Dieter Zetsche, whilst divulging details of his clashing co-ownership of the Williams team. A subsequent report by the magazine Sport […]

Posted on Monday, May 13, 2013

Mercedes favourite to win in Monaco

Mercedes has been tipped as a likely favourite to win the fabled Monaco grand prix later this month. Having dominated qualifying in Spain, Nico Rosberg and Lewis Hamilton fell spectacularly backwards through the field in the race as the W04 chew mercilessly through Pirelli's tyres. Toto Wolff, the team's co-owner and director, said the extreme reversal of Saturday's fortunes caused himself and Daimler CEO Dieter Zetsche "almost physical pain". But it could all be different in Monaco. "I think Mercedes has a good chance to […]

Posted on Monday, May 13, 2013

Lotus sells team stake, Mercedes on F1 board

F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor. Writing in the Telegraph, F1 business journalist Christian Sylt said the buyer is Andrew Ruhan, who bought a 2 per cent stake from team owner Genii Capital. Genii's Gerard Lopez confirmed that Ruhan is "a friend and a business partner in some substantial real estate developments, loves cars, racing and has purchased, if I am not mistaken, 2pc of the equity to be on the board and feel involved -– […]

Posted on Monday, February 4, 2013

Mercedes W04 breaks cover in Jerez

Having shown darkly-lit 'sneak preview' images on its website that triggered a server meltdown, and scheduling a launch event for the afternoon, photographers at Jerez scrambled on Monday morning to take the first unofficial shots of Mercedes' new W04. At the same time, Lewis Hamilton was being filmed for promotional purposes trackside, as he captured Nico Rosberg's debut laps on a Blackberry mobile phone -- a gratuitous plug for the team's new on-car sponsor. His 2013 teammate, Rosberg, was lapping on the day before official […]

Posted on Tuesday, January 22, 2013

Lowe to follow Hamilton to Mercedes

McLaren could be set to lose its technical director. Germany's Sport Bild is reporting that Paddy Lowe, who has been with the Woking based team for twenty years, is following Lewis Hamilton to Mercedes. The report said executive director Toto Wolff wooed Briton Lowe, 50, for a switch to Williams, but Austrian Wolff has subsequently moved to Mercedes. "This is big news," Red Bull's Dr Helmut Marko is quoted as saying. McLaren declined to comment, according to Britain's Daily Telegraph. Sport Bild said the other […]

Posted on Monday, January 21, 2013

Mercedes move for Wolff, Lauda becomes shareholder

Mercedes has confirmed that Toto Wolff has become a new shareholder and executive director of the team. Mercedes has also confirmed that Niki Lauda, also acquires a stake in the team. A statement released says 'Together with Ross Brawn, Lauda and Wolff will complete the management of the Mercedes-Benz Formula 1 racing team.' "As an entrepreneur, investor and motorsport manager, Toto Wolff has proven that this sport runs in his blood; at the same time, he is also well aware of the economic necessities of […]

Posted on Wednesday, January 16, 2013

Zetsche: Mercedes must push for 2014 title

Dieter Zetsche, the chairman of the German marque's parent Daimler, says Mercedes must be pushing for the world championship by 2014. Admitting that the appointments of Lewis Hamilton and Niki Lauda, and the departure of Norbert Haug, were because of Mercedes' lack of recent success, he also acknowledged that the silver team will not be in a title-winning position this year. "As it (F1) is so visible people see pretty quickly if you succeed or not, and if the results are up to your expectations," […]

Posted on Thursday, October 4, 2012

Mercedes offers Schumacher new non-racing job

Daimler chairman Dieter Zetsche has invited Michael Schumacher to stay in the Mercedes family in a non-racing role. "My personal wish is that he (Schumacher) remains a partner of our enterprise after his active time in the Mercedes cockpit," he is quoted by the Bild am Feiertag newspaper. Actually, it is believed the seven time world champion - having been told he is being replaced for 2013 by Lewis Hamilton - is weighing up his options elsewhere on next year's grid. But Mercedes' motor racing […]

Posted on Saturday, September 22, 2012

Mercedes ready to sign new Concorde

Mercedes parent Daimler has reportedly decided to stay in Formula One beyond 2012. In Singapore this weekend, rumours swirled in the 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 […]

Posted on Friday, September 14, 2012

Mercedes offering Schumacher 2013 contract

Amid all the hype about Lewis Hamilton's supposed move to Mercedes, the German squad appears to be preparing to extend Michael Schumacher's career. The major German daily Bild said 43-year-old Schumacher's negotiations about 2013 and beyond are now "in full swing". The report claims Mercedes is offering the seven time world champion a new contract for 2013, while Schumacher is apparently pushing for a unilateral option that would allow him to decide to keep racing in 2014 as well. The carmaker's motor racing president Norbert […]

Posted on Friday, September 14, 2012

Brawn not planning to retire yet

Ross Brawn has revealed he is not planning to retire for at least a few more years. The 57-year-old, who soared to success in past decades as a leading engineer at Benetton and Ferrari, is now the team boss at Mercedes, three years after selling the title-winning 'Brawn GP' outfit in 2009. And amid rumours Lewis Hamilton could switch to the Brackley based camp for 2013, Brawn has told the Daily Mail he is not going anywhere for now. "I am not planning to retire […]