Method 1 followers had been trying ahead to Friday as information of vital bulletins circulated within the press, considered one of which involved Mercedes. Ultimately, the crew’s announcement didn’t fall brief, however its content material fell in need of expectations.

Upfront, many thought that Lewis Hamilton may announce a long-delayed contract extension. The championship did all the pieces it may to make folks imagine this. “I plan to be right here subsequent 12 months as nicely. I wish to be right here subsequent 12 months too. Along with the crew, we will obtain greater than earlier than, each inside and out of doors the game, ”Mercedes quoted the seven-time world champion in reference to the 2021 season. in a mysterious Twitter message nonetheless on thursday.

Ultimately, this announcement was missed, however different issues got here to gentle: the crew introduced that INEOS, which had thus far sponsored automobiles, had grow to be a co-owner of the Mercedes F1 crew, the British chemical firm had acquired one-third of the barn and Toto Wolffé. Beforehand, Daimler owned 60 % of the crew, Wolff owned 30 %, whereas 10 % was owned by the late Niki Lauda.

The destiny of the Austrian crew leader-CEO has additionally been settled: he will definitely stay on the head of the crew for 3 years. “I’m excited to start out a brand new chapter with the crew that’s like my household to me. We’re previous a number of highs and lows collectively, I couldn’t think about working with a greater group on this sport. I’m excited to proceed working collectively within the new period as nicely, ”Wolff stated.