Mercedes quiet amid $900m F1 team buyout claims

Mercedes is refusing to comment on reports that its dominant works Formula 1 team is lining up an almost $900 million sale. “The contract with Ineos is the cornerstone of our future plans for participation in Formula 1,” team boss Toto Wolff said at the time. Since then, rumours have swirled not only about the future of the Brackley based team, but that of its boss Wolff. “I am still in a year of reflection,” Wolff insisted at Mugello. If Mercedes is negotiating a sale, and Wolff’s position at the team will change, that would explain why Lewis Hamilton is yet to agree a new deal for 2021. We never took it out of the drawer,” Wolff said when asked about Hamilton’s expiring deal at Mugello.

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