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Posted on Wednesday, May 9, 2012

Mercedes hints no plans to quit F1

Mercedes has dropped a strong hint that it has no intention of racing out of Formula One at the end of this season. The German marque is currently arguing with F1 chief executive Bernie Ecclestone over the 2013 Concorde Agreement, after only Ferrari, McLaren and Red Bull were offered places on the sport's post-floatation board. Media reports have indicated Mercedes, a supplier of engines and also with its own Brackley based works team, could quit Formula One over the spat. "We are in discussions with […]