Mercedes remains in F1 with Wolff as boss - report

  • Published on 31 May 2020 11:22
  • comments 3
  • By: Fergal Walsh

Mercedes will remain in Formula 1 beyond the 2020 season and will retain Toto Wolff as team principal and CEO, according to a German report.

Wolff's position within the team has been in question for a number of weeks, however the Austrian affirmed at the end of the 2019 season that he could not imagine anywhere better for him than Mercedes

He has been linked with a move to Aston Martin, who will join the grid as a fully-fledged manufacturer in 2021, taking over from the Racing Point outfit.

Wolff even acquired shares in Aston martin earlier this year, however this was deemed as a personal investment.


MORE: Szafnauer sees no Aston Martin role for Wolff in 2021


Under Wolff's leadership, Mercedes is yet to be dethroned in the turbo-hybrid era, and has won all six drivers' and constructors' championships on offer since 2014. 

But it is yet to officially commit to F1 beyond the 2020 season, leading to speculation surrounding its future and the potential whereabouts of Wolff. 

A report from Auto Motor und Sport declares that Mercedes will still be on the grid for the foreseeable future and Wolff will stay on as the team principal of the team. 

The future of the sport and many of its teams remains in the unknown as the economic crisis caused by the coronavirus continues to ravage.

In an attempt to safeguard the teams, a $145 million budget cap was signed off earlier this week for 2021, which will decrease gradually until 2023, where it will remain stable at $135 million until 2025.

Mercedes is also yet to announce who will race for the team next season, as both Lewis Hamilton and Valtteri Bottas are out of contract at the end of the 2020 campaign. 

Replies (3)

Login to reply
  • Don't see why they shouldn't, so IMO it's a good move.

    • + 0
    • May 31 2020 - 13:22
  • RogerF1

    Posts: 501

    And yet interestingly Tobias Moers, CEO of Mercedes AMG has jumped ship this week to replace Andy Palmer as Chief Executive of Aston Martin from 1st August !!

    • + 0
    • Jun 1 2020 - 01:02
    • siggy74

      Posts: 194

      Dont forget Mercedes will be supplying the power trains for the road side of the AML business. along with the All electric, when it filters through ;p

      May well be an adjustment from Mercedes to help drive sales ;p of which Mercedes will benefit..
      We never know the conversations, and agreements behind closed doors:D

      • + 0
      • Jun 1 2020 - 12:52

BE Grand Prix of Belgium

Local time 18:33

BEGrand Prix of Belgium

Local time 18:33

World Championship standings 2024

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2 2024
Bahrain
7 - Mar 9 2024
Saudi Arabia
22 - Mar 24 2024
Australia
5 - Apr 7 2024
Japan
19 - Apr 21 2024
China
3 - May 5 2024
United States of America
17 - May 19 2024
Italy
24 - May 26 2024
Monaco
7 - Jun 9 2024
Canada
21 - Jun 23 2024
Spain
28 - Jun 30 2024
Austria
5 - Jul 7 2024
United Kingdom
19 - Jul 21 2024
Hungary
26 - Jul 28 2024
Belgium
23 - Aug 25 2024
Netherlands
30 - Sep 1 2024
Italy
13 - Sep 15 2024
Azerbaijan
20 - Sep 22 2024
Singapore
18 - Oct 20 2024
United States of America
25 - Oct 27 2024
Mexico
1 - Nov 3 2024
Brazil
22 - Nov 24 2024
United States of America
29 - Dec 1 2024
Qatar
6 - Dec 8 2024
United Arab Emirates
-
United Arab Emirates
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
29 - Mar 2 2024
7 - Mar 9 2024
Saudi Arabia Jeddah Street Circuit
22 - Mar 24 2024
Australia Albert Park
5 - Apr 7 2024
19 - Apr 21 2024
3 - May 5 2024
United States of America Miami International Autodrome
17 - May 19 2024
24 - May 26 2024
Monaco Monte Carlo
7 - Jun 9 2024
21 - Jun 23 2024
28 - Jun 30 2024
Austria Red Bull Ring
5 - Jul 7 2024
United Kingdom Silverstone
19 - Jul 21 2024
Hungary Hungaroring
26 - Jul 28 2024
23 - Aug 25 2024
Netherlands Circuit Zandvoort
30 - Sep 1 2024
Italy Monza
13 - Sep 15 2024
Azerbaijan Baku City Circuit
20 - Sep 22 2024
18 - Oct 20 2024
United States of America Circuit of the Americas
25 - Oct 27 2024
1 - Nov 3 2024
Brazil Interlagos
22 - Nov 24 2024
United States of America Las Vegas Street Circuit
29 - Dec 1 2024
6 - Dec 8 2024
United Arab Emirates Yas Marina Circuit
-
United Arab Emirates Yas Marina Circuit
See full schedule

Driver profile

  • Team -
  • Points -
  • Podiums -
  • Grand Prix -
  • Country AT
  • Date of b. Jan 12 1972 (53)
  • Place of b. Vienne, Austria, AT
  • Weight 0 kg
  • Length 0 m
Show full profile

Team profile

Show full profile
show sidebar