KAELLENIUS CONFIRMS MERCEDES IS STAYING IN F1 | FerrariChat

KAELLENIUS CONFIRMS MERCEDES IS STAYING IN F1

Discussion in 'F1' started by william, Oct 16, 2020.

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  1. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    25,447
    KAELLENIUS: MERCEDES LEAVING F1 IS LIKE BAYERN QUITTING FOOTBALL

    https://www.grandprix247.com/2020/10/14/kaellenius-mercedes-leaving-f1-is-like-bayern-quitting-football/

    Mercedes owner Daimler is committed to Formula 1 but is working to slash costs and cut the environmental impact of motor racing, Chief Executive Ola Kaellenius confirmed on Wednesday.

    “We have as little reason to step out of Formula 1 as Bayern Munich has to step out of football,” he said during a virtual roundtable discussion with journalists on Wednesday.

    The carmaker is developing a plan to make the sport emissions neutral, including through the use of synthetic fuels, and wants to improve the costs of competing in motor racing.

    “The net financial impact will be halved in the next three years. We have an even more aggressive cost reduction target in Formula 1 than for the rest of the company,” Kaellenius said.

    Separately Kaellenius reiterated that Daimler is “within striking distance” of meeting its carbon dioxide emissions reduction targets in Europe.

    Mercedes-Benz has ramped up sales of electric and hybrid cars in the third quarter and will continue to do so for the rest of the year, he said.

    Their F1 outfit resurrected in 2010 has won 12 F1 titles in six years of the sport’s hybrid-turbo era and are sure to nab another two at the end of this season; Lewis Hamilton almost certain to claim the drivers’ crown for a seventh time, while the team along with Valtteri Bottas are also sure to secure the constructors’ title – their seventh in a row.
     
    ktu likes this.
  2. Sig. Roma

    Sig. Roma Formula 3
    Owner Silver Subscribed

    Mar 11, 2007
    1,061
    Bella Italia
    Full Name:
    Dom T.
    Interesting.
     
  3. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    11,882
    Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
     
    stavura, John_K_348 and Bas like this.
  4. SimCity3

    SimCity3 F1 Rookie

    Another 7 years of Mercedes dominance

    2 min highlights on youtube will be plenty
    Zzzzzzzzzzzzzzzzzzzzzzzzzzzzz
     
    John_K_348 and Bas like this.
  5. E60 M5

    E60 M5 Moderator
    Moderator Owner

    Jan 2, 2006
    8,061
    Wash DC area
    Full Name:
    Robert
    The carmaker is developing a plan to make the sport emissions neutral

    Heard all I need, F1 is over. Sad.
     
    armedferret and 375+ like this.
  6. jpalmito

    jpalmito F1 Veteran

    Jun 5, 2009
    7,281
    Le caylar (France)
    Full Name:
    mathieu Jeantet
    Happy I guess ?
    Others will have to do their homeworks better for 2022.
    Highly improbable.
     
  7. Flavio_C

    Flavio_C Formula 3
    BANNED

    Sep 7, 2012
    2,445
    Insubria
    They will leave as team but will continue as engine supplier.
     
    Bas likes this.
  8. Jim Moscardini

    Oct 8, 2020
    48
    Gainesville, VA USA
    Full Name:
    Jim Moscardini
    I agree: F1 is dead. Truly sad too - my retirement travel plans “were” based around seeing two races a year. Not any more - we just take cruises now. F1 ended with the last V10 race.
     
    Jack-the-lad likes this.
  9. Igor Ound

    Igor Ound F1 Veteran

    Sep 30, 2012
    8,102
    The Horn
    Full Name:
    Igor Ound
    Not sure how to break it to you about cruises too... :(
     
  10. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    25,447

    Cruises are on the way out too.
     
  11. Etcetera

    Etcetera Two Time F1 World Champ
    Silver Subscribed

    Dec 7, 2003
    22,177
    Full Name:
    C9H8O4
    Yep. One only has to look at WRC and WEC to know where the FIA is taking F1.
     
  12. DeSoto

    DeSoto F1 Veteran

    Nov 26, 2003
    7,481
    As long as FIA stops massaging them, it´s good. Normally, when someone wins too much, they screw them as much as they can. With Mercedes it has been quite the opposite. The day someone beats them it will be a good day for F1.
     
    Jim Moscardini likes this.

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