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Mercedes' Haug to quit F1 team

STUTTGART, Germany - Mercedes' motorsport head Norbert Haug will quit the company at the end of the 2012 F1 season.

The automaker said: "His contract will come to an end by mutual agreement. Preparations for the 2013 F1 season continue as planned."

END OF AN ERA

Haug, 60 in November 2012, has led Mercedes's motorsport division since October 1990 and played a part in signing Britain's 2008 F1 World champion Lewis Hamilton from McLaren for the 2013 season.

He was also a vice-president of Daimler AG.

Daimler CEO Dieter Zetsche said: "He put his stamp on a whole era and, as a highlight, was responsible for the successful comeback of the Silver Arrows to F1."

Mercedes bought the championship winning Brawn GP outfit at the end of 2009 and renamed it as their works team but has had only one win, with Nico Rosberg in China this season, to celebrate since then.

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