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Mercedes to quit F1?

2012-05-07 10:34

Team Mercedes is "on the verge" of quitting Formula 1, at least according to an article by F1 correspondent Kevin Eason.

In an article published by the London newspaper The Times, Eason claims that rival teams Ferrari, McLaren and Red Bull will get to appoint directors once F1 is floated on the Singapore exchange. Mercedes, however, has not been extended the same offer.

F1 chief executive Bernie Ecclestone said: "Why should Mercedes have the same deal as the others? What have they done in F1? They won a race and that is it."

F1 STOCK AT RISK?

Based on Ecclestone's attitude, Eason argues that Mercedes is "on the verge of quitting F1", having reportedly conducted a study into how the team could be withdrawn.

Eason also quoted Ecclestone as having "scoffed" at the suggestion that if Mercedes left the sport F1's stock could lose 20% in its value.

GMM

Comments
  • Cyrus - 2012-05-07 12:26

    This is where I disagree with Bernie. U cant prejudice between teams just because of success and size.

      Tandas - 2012-05-08 06:48

      What happened with the break away series idea?! Please Merc... Take initiative and get this going, the others will join. Cars are getting slower... There are trackes where the lap record was set more than 8 years ago... No man! We want to see racing, speed and action...

  • cobus.fenwick - 2012-05-07 19:33

    Wow what a great statement!!!!!????? I thought they would like more teams to participate? What about support and make the sport bigger? Mercedes is huge in motorsport and a legend to compete against by others. If they quit F1, it would hurt the sport. Everything is about money and they will be challenging this year for the top three positions, to be in contention for the title next year. Use it, don't use it?

  • faannagel - 2012-05-10 08:02

    Rather get rid of OLD Bernie..

      Pagel - 2012-05-12 21:55

      Agree with that.

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