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Toto Wolffe even stated that Daimler has no intention of promoting the group whereas the Ineos has no intention of shopping for it.
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Mercedes-AMG is prone to let Lewis Hamilton go
The wild hearsay of the Mercedes F1 group getting taken over by sponsor Ineos has been debunked by Toto Wolffe, the group principal and shareholder of the group. This comes on the backdrop of a each day mail report which quoted Eddie Jordan who believed that Ineos was going to take over the Mercedes group for 700 million euros and rebrand it with Wolffe leaving the outfit.
“Hundred per cent of how you worded it, the future of the team is absolutely clear. It’s the Mercedes-AMG Petronas F1 team. And nothing is going to change that,” stated Toto Wolffe to motorsport.com. “You know people pick up bits and pieces and construct the story around it,” he stated elaborating on the feedback by Eddie Jordan.
Wolffe went on the say that Ineos and Mercedes have an amazing relationship which extends to even the America’s Cup and the biking group. He even stated that the partnership was very complimentary however specified that Daimler has no intention of promoting the group whereas the Ineos has no intention of shopping for it.
“And I have no reason to depart from my shareholding. So, plenty of things that are made up,” he clarified about his future with the group.
On the difficulty of Lewis Hamilton’s contract not being closed, Wolffe cited the triple headers as the rationale for not discovering the time to shut the negotiations.
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Wolffe can be an investor within the Aston Martin F1 mission and plenty of believed that he would depart Mercedes to go the brand new mission, however he specified that he’s a minor investor within the mission.
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