Formula one: Mercedes could quit F1, says report
'Could be forced out’ over a dispute about the composition of the sport’s ruling body.
Mercedes are on the verge of quitting Formula One, according to a report in The Times. It has been claimed that the Brackley-based operation ‘could be forced out’ over a dispute about the composition of the sport’s ruling body as the officials proposed Stock Exchange floatation. “Mercedes, which is estimated to have spent more than £1 billion on grand-prix racing in the past two decades, is on the verge of quitting Formula One as the company is denied a seat in the new boardroom that will control the sport when a Stock Exchange float is completed,” reported the newspaper yesterday.
Published in The Express Tribune, May 8th, 2012.
Published in The Express Tribune, May 8th, 2012.