Mercedes appoints new F1 team board members
The Mercedes Formula 1 team has outlined changes to the composition of its board, including the nomination of a new non-executive chairman following the passing of Niki Lauda.
Markus Schafer and Frank Markus Weber have joined as board members of Mercedes-Benz Grand Prix Ltd, following two departures.
Ola Kallenius has stepped down after assuming the role of chairman of the board of Daimler AG, Mercedes’ parent company, while Bodo Uebber has left his position as Daimler’s chief financial officer. The duo stepped down from the board on May 22 this year.
A board meeting in Stuttgart last week nominated Schafer, Daimler board member “responsible for group research and Mercedes-Benz cars development”, as its non-executive chairman.
Three-time F1 world champion Lauda previously performed the non-executive chairman role but passed away in May.
The same month, long-time racing supporter Dieter Zetsche stepped down from his role as chairman of the board of management of Daimler AG and head of Mercedes-Benz cars, to be replaced by Kallenius.
Schafer has been a non-executive director of Mercedes GP since March 11.
Daimler’s vice-president of corporate development Weber was appointed as a non-executive director of Mercedes GP with immediate effect at the same board meeting.
They join Mercedes F1 team principal Toto Wolff, Britta Seeger and Rene Berger on the board.
Wolff said: "The commitment of our parent company has been fundamental to the team's success and will continue to be so in the years ahead.
“This support for Formula 1 has always been reflected in our team's board, with strong representation from Daimler's senior leadership, and it continues through the appointments of Markus and Frank Markus for the years ahead.
“Formula 1 is a powerful technology and marketing platform for Mercedes-Benz globally, and a valuable shop window for the company's values and its competitiveness."
New non-executive chairman Schafer added: "Mercedes-Benz is a driving force in the transformation to emission-free mobility.
“To maintain personal mobility, cutting-edge technology is required to push boundaries and redefine standards, and this can only be achieved by focusing on a shared goal and through fantastic team spirit.
“Our learnings from the exciting world of Formula 1 have brought us valuable and inspiring synergies, and I am looking forward to build upon that close cooperation."
Share Or Save This Story
Alfa Romeo must do better in "chaotic" races - Vasseur
Honda: Verstappen relationship 'like a young Senna'
Key team personnel shouldn't be F1 boss - Ferrari
Lewis Hamilton vs Michael Schumacher: You decide F1's greatest driver
The 25 greatest Formula 1 drivers of all time, ranked
The shocking aspect to Kimi Antonelli's rapid F1 title-contending transformation
Man charged with burglarizing Greg Biffle's home after fatal plane crash, investigation ongoing
Connor Zilisch couldn’t say ‘no’ to a Cup ride at Hendrick Motorsports
Kyle Larson shares his favorite Kyle Busch memory
Kyle Larson's Knoxville Nationals win brings Cup momentum too
What an engineer with four decades of F1 experience would choose as the ideal engine rules
How much performance has each F1 team gained over 2026?
Switch off or ramp up? How the smartest F1 drivers managed the summer break
Could McLaren follow Red Bull’s path with its own F1 engine – and should it?
Subscribe and access Motorsport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
Top Comments