Despite Daimler's cutbacks, Mercedes commits to five-year F1 sponsorship deal

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Formula One champions Mercedes sent a statement of intent about their future on Monday with the announcement of a five-year principal sponsorship deal with British billionaire Jim Ratcliffe's petrochemicals giant Ineos. Mercedes F1 boss Toto Wolff hailed a new chapter for a team who have won the last six drivers' and manufacturers' titles with Lewis Hamilton chasing his seventh career crown this season. Formula One is entering a new era in 2021 and the teams, including Mercedes, have yet to si

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Despite Daimler's cutbacks, Mercedes commits to five-year F1 sponsorship deal originally appeared on Autoblog on Mon, 10 Feb 2020 11:02:00 EST. Please see our terms for use of feeds.

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