Toto Wolff responds to sale rumors: “It’s absolutely clear”


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Toto Wolff

In recent days the rumor began to grow that the Mercedes team would be sold. This news was installed by the former team leader and journalist, Eddie Jordan, in an interview with a German medium. However, in the last hours, the leader of the Mercedes team, Toto wolff denied the voices that said that the German structure would cease to be the owner of the team.

According to the news told by Eddie Jordan, the INEOS group, which is a laboratory company led by the richest man in Britain, Jim Ratcliffe. In addition, he assured that the businessman has made the decision that: “The team will be called Ineos, but it will continue to operate from the Brackley factory and Mercedes will retain a 30% stake in it.”

According to Wolff, Mercedes’ plans are not outside of Formula 1. “The future of the team is absolutely clear, 100%. It’s the Mercedes-AMG Petronas F1 team. And nothing is going to change that, ”Wolff clarified forcefully. In recent days, Wolff clarified that he is not interested in leaving the F1, so various media have information about a possible departure from the Austrian.

“They know that people collect fragments and create a story around them,” said the team leader. In addition, he clarified that: «We have a magnificent relationship with INEOS, we work together on several high-tech projects around the Copa América sailing and the cycling team. The association is very complementary. We have the same ambitions with our sports teams. And that is why INEOS is our partner ”.

The Hamilton Renovation

Current championship leader and World Champion Lewis Hamilton has yet to renew his contract with the German team. However, Hamilton’s decision to continue in the structure seems decided. “The reason we never find time to negotiate is because we just have racing triplets one after another. But it’s just a matter of sitting down and agreeing on it, ”Wolff concluded.

The Mercedes team is not for sale, according to Wolff. Source: Mercedes AMG-F1


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