Mercedes rejects reports: No formula-1-exit - and Wolff remains team boss

The German car maker Mercedes has dismissed recurring speculation about a possible exit from the formula 1 again and for the role of Toto Wolff expressed. "We

Mercedes rejects reports: No formula-1-exit - and Wolff remains team boss

The German car maker Mercedes has dismissed recurring speculation about a possible exit from the formula 1 again and for the role of Toto Wolff expressed. "We don't have in front of us from formula 1 to withdraw", said Daimler spokesman Joerg Howe, the German press Agency: "There is no decision and no reason, from formula 1 to get out."

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The currently unresolved question, and after this season, with team principal and managing Director, Toto Wolff, left, and over and over again rumors about its future advent. It is speculated that the 48-year-old Austrian could get out of the operational side of the business. "Toto is, and our team remains - in-chief about the season," said Howe, however, on demand.

The magazine "Auto Bild Motorsport" and the Portal F1-Insider.com want to know that Wolff will change after the expiry of his contract to the Supervisory Board of the team. The Mercedes factory team Wolff holds a 30 percent stake. Under his leadership, the team became the series champion and won since, including the 2014 title in the driver and in the constructors ' world championship.

Wolff, a new shareholder of Aston Martin

With statements in an Interview with the newspaper "Österreich" was suggested by Wolff in the beginning of April, a possible change in his work for the Team. He is and will remain head of Mercedes Motorsport and formula 1 boss, and it will change "in the short term, nothing," he had said.

He had shown, but also "somewhat surprised by the twists and turns" that have given it over the Winter, and about the behavior of individual persons. Specifically, Wolff was not there.

in Addition, Wolff for around nine million euros had acquired shares in the formula 1-rivals Aston Martin. Then, the rumors were come, Wolff could change as a managing Director there. This he had denied but already.

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Updated Date: 30 May 2020, 05:26

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