Cape Town - Despite having not confirmed their
participation beyond 2020, Mercedes boss Toto Wolff says the the
brand is not going to walk away from Formula One.
Mercedes has dominated the world of Formula 1 since the introduction of the V6 engines in 2014.
The Brackley squad has claimed an incredible six successive championship doubles, a feat that has never before been achieved.
Despite that there is talk of Mercedes leaving the sport.
The manufacturer is only committed until the end of 2020, leaving
their options open for 2021 when the sport’s new regulations come into
But while engine regulations will now remain the same after F1
manufacturers pushed back against Liberty Media’s proposed changes, talk
of Mercedes quitting has yet to die down.
The good news, though, is Wolff says that wouldn’t any sense from a commercial point of view.
“All the numbers that are coming in - from audiences in the
conventional TV, digital space, sponsorship - are growing,” said the
Mercedes motorsport boss.
“I think this is a sport that also with the spending cap coming in in 2021 is an area of growth.
“There will be certain thresholds that will come into the rules about joining the sport, concerning certain franchise value.
“Leaving the sport now would certainly not be the right thing to do
from a commercial perspective when it’s just about to turn into a new
“Should we be looking out for new teams?
“If there is interest in joining the grid with a solid foundation,
big brands why not have the discussion but I think we should all 10 of
us be proud of being part of the limited grid, we should be conscious
about the opportunity and the possibility that lies ahead and
concentrate on making it a good business for everybody.”