Formula 1

Mercedes return back to 145 Mio budget cap

Mercedes Test Barcelona 2020
Mercedes Test Barcelona 2020. Credit: Mercedes AMG F1
Ralf Bach
Ralf Bach

Formula One decision-makers are surprised at a strange zigzag course by Mercedes Motorsport Director Toto Wolff. Red Bull chief adviser Helmut Marko (76) explains to F1-Insider.com why his colleagues raise their eyebrows.

Marko: “A few weeks ago, Wolff was leaning out of the window when it came to budget cap. According to him, Mercedes was even prepared to accept 100 million dollar a year. Now he wrote a letter to the FIA, where he suddenly spoke of 145 million. “

Same surprising turnaround for the salary cap for Formula 1 drivers. Marko: “At first he insisted on freezing an upper limit for driver salaries as early as 2021. Now he only wants to take this step from 2025.”

Whether the behavior of the Viennese is related to the speculations fed by Motorsport-Total.com? The journalists of the biggest german motorsport website claim that the relationship between Wolff and Daimler board member Ola Källenius has “cracks” and Wolff is looking for alternatives.

One might be the business partnership with the Canadian billionaire and Aston Martin boss Lawrence Stroll. Background: Wolff recently joined Aston Martin as an investor. According to the Daily Mail, the share value of Wolff’s stake is € 42 million and a 0.95 percent stake in the company. A Mercedes spokesman has confirmed the numbers.

Previously, F1 racing team owner Stroll (Racing Point) had taken over the majority of the weakening car manufacturer from England and made himself the CEO.

https://dev.f1-insider.com/en/formula1/leclerc-wants-to-keep-vettel-as-teammate/

Author

Ralf Bach
Ralf Bach

Ralf Bach’s home is the Formula 1 circus. He has been reporting on F1 for SPORT BILD, AUTO BILD MOTORSPORT, SPORT1 and Ippen-Network (TZ, Frankfurter Rundschau) for around 30 years. He was inducted into the Formula 1 “Paddock Hall of Fame” for his exclusive stories. On F1-Insider.com he describes what makes the protagonists tick. Twitter: @ralfbond


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