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Toto to quit Mercedes ?
[+] 2 users Like pennywise's post
Yeah bud, lots of rumours circulating....again

MercedesBenz and @AstonMartin are discussing a complex @F1 deal that would end @Daimler's factory commitment in its current form, see Canadian Lawrence Stroll take over part of @MercedesAMGF1, and see Toto Wolff leave his current role.

.... there was a good turn out for Toto`s farewell party though  Tongue


"You live more for 5 minutes going fast on a bike than other people do in all of their life"....Marco Simoncelli
[+] 2 users Like forzaferrari's post
#3 (Full story)

Who knows what to believe lol....    Confused

Mercedes has made it clear that it fully plans to remain in Formula 1 as a works team and will continue with current team principal Toto Wolff beyond 2020.

The world champion outfit is contracted to race in F1 until the end of the 2020 season, but reports in Germany this week suggested that the German car manufacturer was about to wind down its official involvement and sell shares to Aston Martin.

The stories also suggested Wolff had decided to step down from his role as team principal after 2020 and take a non-executive role, similar to that previously held by Niki Lauda.

But Mercedes' parent company, Daimler, has hit back at those reports, dismissing them as speculation and stressing its intention to remain in F1 under Wolff.

Autosport understands that Wolff is still to decide exactly what role he will take in the future. Options could include continuing running the team and staying in his current role, taking a more senior position and handing over to someone else, or beginning a transition phase to find a replacement.

While the specifics of that have not been finalised, there appears to be no doubt that, even if his responsibilities change, he will retain a senior executive position at the F1 team.

A statement from Mercedes said: "Speculation regarding a potential withdrawal from Formula 1 continues to be unfounded and irresponsible.

"When a man holds you round the throat, I don't think he has come to apologise" 
Ayrton Senna on Nigel Mansell, SPA 1987.   Angel  
[+] 1 user Likes PapaofGags's post
Mercedes staying in F1 as Daimler quash ‘unfounded’ reports.   (Found this GP Fans)

Daimler have confirmed that Mercedes are staying in F1 long-term, calling reports that they may be set to quit “unfounded and irresponsible”.

Reports have rumbled on for a while now that Daimler are looking to sell their Mercedes F1 team, while the uncertain futures of boss Toto Wolff and six-time World Champion Lewis Hamilton have done little to help the chatter go away.

And recent reports have now surfaced that suggest Toto Wolff is ready to step down from his role as the Mercedes team boss.

But Daimler have hit back, calling all the reports “unfounded and irresponsible”, while assuring that Mercedes have a “clear intention” to stay in Formula 1.

“The sport has taken the right measures to address the consequences of the COVID-19 pandemic and its future financial sustainability, and we welcome these steps,” their statement read.

“It is our clear intention to continue competing in Formula One as a Mercedes-Benz works team in the years to come, and to do so with our managing partner Toto Wolff.”

Wolff confirmed recently that the team were not going to finalise their driver plans for 2021 before the 2020 season had got underway.

"When a man holds you round the throat, I don't think he has come to apologise" 
Ayrton Senna on Nigel Mansell, SPA 1987.   Angel  
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