Mercedes Boss Wolff gets a whiff of a media campaign and has denied exit rumours

Toto Wolff has made it clear in a video conference with representatives of the media once again on Wednesday that an exit of the Daimler group of the formula-1

Mercedes Boss Wolff gets a whiff of a media campaign and has denied exit rumours

Toto Wolff has made it clear in a video conference with representatives of the media once again on Wednesday that an exit of the Daimler group of the formula-1 "is currently up for debate". The Mercedes team boss is in response to alleged rumors that the German car manufacturers, not least due to the corona-crisis through termination of the engagement in the king class to think about.

From his point of view there are for the silver arrows have good reasons to continue to operate Grand-Prix-sports: "The marketing value, the Mercedes through the platform formula 1 generates is enormous. In the end, it is not always about Marketing, but also to the credibility of the platform." The Top games on Saturday, EXCLUSIVELY on Sky (display)

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"Mercedes-Benz", says Wolff, "build Cars for the series, for the road and building Cars for the race track. The first Mercedes was a racing car. That is not to say, however, that you have this commitment, however, to scrutinize."

Especially in times of corona crisis. Least of all, the commitment of the Renault-Nissan stand-group in the formula 1 put to the test. Last Friday, interim CEO Clotilde Delbos but the decision, the factory team not zuzusperren or to sell announced. Justification for the choice of formula 1: the introduction of the budget ceiling from 2021.

No new Concorde agreement signed,

Wolff knows that it would be foolish to communicate a long-term Daimler-whereabouts in the formula-1 binding, as long as no new Concorde Treaty is signed. He explains: "In times of Corona, where the automobile industry is changing, it must be discussed for each commitment. And it so happened that around the world of Motorsport."

at the same time, the Austrians emphasized that there is currently no reason to doubt the commitment of Daimler in the Premier class: "formula 1 is strengthened. We have the Support. The advertising value is enormous and is also appreciated in value. In this respect, this is not the Moment to debate."

"That is not to say that in a few years, when the world is changing and we all only electrically driving through the area, and the Sport may be in a negative direction, that is just as interesting for us. But today the value is in any case."

Wolff suspected "campaign" against Mercedes

A Daimler spokesman had already been let prior to the video conference that "speculation about a possible withdrawal from the formula 1 continues to go unfunded and irresponsible remain". Wolff sets in this regard, and assumed a "campaign" against Mercedes: "I think we're the target of someone, the Headlines create, and so maybe more clicks to get to."

in fact, the media were, last week, reports about a possible realignment of Daimler's involvement in formula 1 showed up. Of a possible share exchange with the sports manufacturer Aston Martin and its major shareholder Lawrence Stroll car was there. To circulate a Daimler-withdrawal from formula 1, any stories currently. AFP/SID/GIUSEPPE CACACE Mercedes team boss Toto Wolff

the consequences of the Coronavirus pandemic are not yet properly estimated, is not Wolff in agreement: "Every car manufacturer faces difficult and uncertain times. Every day I open a magazine or a newspaper, I read about VW, Renault, FIAT, and Daimler. So, I understand completely that our sports platform is questioned."

But: "The Top Management of Mercedes considers formula 1 as a core activity." And: "We have agreed a budget ceiling of 145 million, which is reduced in the next few years. Let's see how the formula 1 looks like, if we go back to race. But there are definitely difficult times for any industry. Particularly for the entertainment industry."

This article was Nimmervoll, written by C. Co-authors: J. Noble, A. Cooper

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Date Of Update: 05 June 2020, 18:27
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