Toto Wolff has entered the ongoing rumors of a formula 1’s exit from Mercedes-Benz to the end of the season 2020 vigorously opposed. “Formula 1 is fixed, we have the Support. The advertising value is enormous and is also appreciated in value. In this respect, that’s not in the Moment up for debate. Today, the equivalent value in any case because,” said the head of Mercedes Motorsport on Wednesday in a Video-media round table with German journalists.
The marketing value, the Mercedes through the platform formula 1 generate, is “enormous,” the Austrian explained further. This does not mean, however, “that you have this commitment, nevertheless, be questioned. In times of Corona, where the automotive industry is changing, it must be discussed for each commitment. So this also happens all around the world of Motorsport.”
Next, the 48-Year-old cleared the rumours about his own future, at least in part. His purchase of shares of the British car manufacturer Aston Martin, which starts in 2021 with a factory team in formula 1, should be understood as a financial investment. He believe in the brand and the Management, led Wolff. Operationally, he’ll play “no role”. He was “in the Mercedes in formula 1 and Mercedes together a shareholder of this team. The point of my whole activity is aimed.”
Wolff’s contract with the world champion team of the past six years is running out, about his future in this respect he was covering. The Austrian holds a 30 percent shares in the Team.
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