News Details
Kaellenius: Mercedes leaving F1 is like Bayern quitting football
Mercedes owner Daimler is committed to Formula 1 but is working to slash costs and cut the environmental impact of motor racing, Chief Executive Ola Kaellenius confirmed on Wednesday. 'We have as little reason to step out of Formula 1 as Bayern Munich has to step out of football,' he said during a virtual roundtable discussion with journalists on Wednesday. The carmaker is developing a plan to make the sport emissions neutral, including through the use of synthetic fuels, and wants to improve the costs of competing in motor racing. 'The net financial impact will be halved in the next three years. We have an even more aggressive cost reduction target in Formula 1 than for the rest of the...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Mercedes uses AMG brand to reaffirm commitment to F1
Mercedes has moved to remove any doubt over its future in Formula 1, with...
5y ago from GrandPrix247.com
Kvyat: What was Albon doing?
AlphaTauri's Daniil Kvyat has hit-out at Alexander Albon for his...
5y ago from GrandPrix247.com
Kvyat slams ‘unprofessional' Albon over chicane...
AlphaTauri driver Daniil Kvyat says he “didn’t understand”...
5y ago from MotorsportWeek.com
BREAKING: Hamilton equals Schumacher's race win record...
Lewis Hamilton equalled Michael Schumacher 91 race win record in Formula...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Senior Honda MotoGP executive exits as HRC restructure...
No description available...
13h ago from Motorsport.com
All the records Marc Marquez can break in MotoGP 2026
No description available...
15h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
1d ago from Motorsport.com
Honda stuck at "similar potential" to 2025...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
PREMA confirmed to miss opening IndyCar round
PREMA will not be present for this weekend’s season-opening round of...
9h ago from MotorsportWeek.c...
Marcus Ericsson going into 2026 season with “chip on...
No description available...
9h ago from Motorsport.com
Ed Carpenter Racing enter technical partnership with...
No description available...
8h ago from Motorsport.com
Ticket design for 110th Indianapolis 500 unveiled
The ticket design for this upcoming May’s 110th running of the...
9h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
14h ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool, Arsenal, Man Utd scouts busy as 18-year-old...
Liverpool, Arsenal and Manchester United are interested in signing the...
4h ago from CaughtOffside.com
Pitch Points: Bodø/Glimt give us hope for the future;...
world of soccer throws up no shortage of questions. Today, Graham Ruthven...
7h ago from TheGuardian.com
Arsenal could renew interest in 250k-a-week 'machine',...
Leon Goretzka continues to be linked with a move away from Bayern Munich...
8h ago from CaughtOffside.com
Martin Odegaard warned his place in starting XI no...
Arsenal’s emphatic 4-1 victory over Tottenham has not only reignited...
19h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton and Ferrari F1 under threat at Australian GP...
Lewis Hamilton's Ferrari F1 team may have been on... Read More »
4h ago from GPFans.com
Aston Martin handed 'no miracle cure' warning after Honda...
After days of investigation, RacingNews365... Read More »
7h ago from RacingNews365.com
Carlos Sainz melts hearts as he finally meets his F1...
Williams F1 star Carlos Sainz has melted hearts... Read More »
3h ago from GPFans.com
