Hamilton "proud" Wolff will remain Mercedes team principal

Lewis Hamilton feels “proud” that Toto Wolff will continue to serve as Mercedes’ Formula 1 team principal for the next three years, calling him “a great figurehead”.

Hamilton "proud" Wolff will remain Mercedes team principal
Listen to this article

Mercedes announced on Friday that Wolff would remain in the role of team principal and CEO of its F1 team until at least the end of 2024, having also increased his shareholding in the team.

British chemicals giant INEOS has bought a 1/3rd shareholding in the team, making it an equal owner alongside Wolff and Mercedes’ parent company, Daimler.

The announcement put an end to speculation about Wolff’s future with Mercedes, having previously talked of how serving as team principal since 2013 had started to take its toll.

It leaves Hamilton as the only senior member of the current Mercedes team yet to finalise his future, but the seven-time world champion is set to sign a new contract in the near future.

Asked for an update on his contract negotiations with Mercedes, Hamilton said they “haven’t started the conversation”, but that he and Wolff “plan to do that over the coming days”.

Hamilton went on to express his delight that Wolff had committed his future to Mercedes, and was pleased to see 2020 sponsor INEOS step up as a shareholder.

“On the super, super plus side, I’m really proud and grateful to see Toto’s signing,” Hamilton said.

“He’s such an important leading figure within this team, and the success that we have achieved would not have been possible without him.

“He is such a great figurehead, and I think that the team is just better for it, to have that longevity, and it’s great to see that commitment from Mercedes.

“But the added bonus of having INEOS who came in this year and have been a part of our success this year, it’s great to see they’re going to be a part of this team and help with the stability  of this team moving forward in growing to be better.

“It’s going to take a big push for us to continue to raise the bar in this organisation, because I think we’ve done such a great job over these past years.

“But I think the right people are in the right place, and it looks good. The future looks bright for this team I think.”

Read Also:

Hamilton was honoured as F1 world champion for a seventh time in the FIA Prize Giving on Friday night, ending a momentous season for the Briton that saw him match Michael Schumacher’s record number of championships.

But Hamilton noted the difficulty of the year amid the COVID-19 pandemic, and thanked F1 for its efforts to get the season completed with 17 races. 

“It’s been an incredible year in terms of the team’s success, but such a rollercoaster of emotions this year with so much happening with the pandemic,” Hamilton said.

“On the one side, I’m truly grateful that Formula 1 got us back racing and got us back to work, and we got to do what we love doing.

“But then the thought of isolation for everyone around the world and all the difficulties people have experienced, losing their jobs, so many different things, as I said, it’s a rollercoaster of emotions.

“In the end, I’m just truly grateful for the team’s efforts to provide us a car with which we can fight for a championship. I’m grateful that we were able to race this year, because there was a period of time where we didn’t look like we would be.”

shares
comments

Related video

Vettel, Hulkenberg weren't 2021 F1 options for Red Bull
Previous article

Vettel, Hulkenberg weren't 2021 F1 options for Red Bull

Next article

How Toyota's grand plans for F1 domination fell flat

How Toyota's grand plans for F1 domination fell flat
Verstappen exclusive: Why F1's champion isn't fazed by Silverstone return Prime

Verstappen exclusive: Why F1's champion isn't fazed by Silverstone return

Max Verstappen is the world’s number one racing driver… and he’s determined to keep it that way. Speaking exclusively to GP Racing's OLEG KARPOV, the Red Bull driver explains why he’s relishing the 2022 championship battle with Charles Leclerc – and why he’s not worried about returning to Silverstone, the scene of the biggest accident of his career last year

Formula 1
Jun 30, 2022
Why Red Bull’s RB17 hypercar can help its F1 team Prime

Why Red Bull’s RB17 hypercar can help its F1 team

On Tuesday, Red Bull laid out its plans to develop and build a new hypercar - the RB17 - penned by Adrian Newey. As the project itself sates Newey as a creative outlet, it also offers Red Bull's Formula 1 team a number of new and exciting avenues to pursue.

Formula 1
Jun 29, 2022
What to expect from Mercedes as F1 returns to Silverstone Prime

What to expect from Mercedes as F1 returns to Silverstone

OPINION: The British Grand Prix is a home event for Lewis Hamilton and George Russell, with their Mercedes team based just a few miles away too. But there’s another reason why the Silver Arrows squad is eager to arrive at Silverstone this weekend, which may help it fix its remaining problems with its 2022 Formula 1 challenger .

Formula 1
Jun 29, 2022
Inside AlphaTauri’s Faenza F1 factory Prime

Inside AlphaTauri’s Faenza F1 factory

AlphaTauri’s mission in F1 is to sell clothes and train young drivers rather than win the championship – but you still need a cutting-edge factory to do that. Team boss Franz Tost takes GP Racing’s Oleg Karpov on a guided tour of a facility that’s continuing to grow.

Formula 1
Jun 26, 2022
Connecting two of Ferrari's favourite F1 sons: Villeneuve and Leclerc Prime

Connecting two of Ferrari's favourite F1 sons: Villeneuve and Leclerc

Gilles Villeneuve's exploits behind the wheel of a Ferrari made him a legend to the tifosi, even 40 years after his death. The team's current Formula 1 star Charles Leclerc enjoys a similar status, and recently got behind the wheel of a very special car from the French-Canadian’s career.

Formula 1
Jun 24, 2022
How a 30cm metal wire triggered open warfare in the F1 paddock Prime

How a 30cm metal wire triggered open warfare in the F1 paddock

Porpoising has become the key talking point during the 2022 Formula 1 season, as teams battle to come to terms with it. An FIA technical directive ahead of the Canadian Grand Prix and a second stay appearing on the Mercedes cars only served to create a bigger debate and raise tensions further

Formula 1
Jun 23, 2022
Does Max Verstappen have any weaknesses left? Prime

Does Max Verstappen have any weaknesses left?

Having extended his Formula 1 points lead with victory in Canada, Max Verstappen has raised his game further following his 2021 title triumph. Even on the days where Red Bull appears to be second best to Ferrari, Verstappen is getting the most out of the car in each race. So, does he have any weaknesses that his title rivals can exploit?

Formula 1
Jun 22, 2022
How F1's future fuels can shape the automotive sector Prime

How F1's future fuels can shape the automotive sector

In 2026, Formula 1 plans to make the switch to a fully sustainable fuel, as the greater automotive world considers its own alternative propulsion methods. Biogasoline and e-fuels both have merit as 'drop-in' fuels but, equally, both have their shortcomings...

Formula 1
Jun 21, 2022