Increased Mercedes stake in Aston won’t impact F1 teams

Mercedes-Benz’s plans to increase its shareholding in Aston Martin will have no impact on either brand’s Formula 1 activities, according to Toto Wolff.

Increased Mercedes stake in Aston won’t impact F1 teams

Mercedes announced last month that it had struck an agreement with Aston Martin to increase its shareholding in the British car brand to as much as 20% in the next three years.

The increase will come in stages, upping Mercedes’ stake in Aston Martin from its current 2.6% and making it the second-largest shareholder in the company.

Mercedes will be joined on the F1 grid by Aston Martin in 2021 when the existing Racing Point operation is rebranded under the British marque following team owner Lawrence Stroll’s investment in the company earlier this year.

Mercedes team principal Toto Wolff is also a private shareholder in Aston Martin, but has no links to its F1 team.

Asked if Mercedes increasing its stake in Aston Martin would have any implications on the motorsport programmes of either manufacturer, Wolff said no changes were currently anticipated.

“No, not for the time being,” Wolff said. “The Formula 1 team, the Aston Martin Formula 1 team is completely independent from Aston Martin cars.

“Obviously the shareholding in Daimler is something that was decided purely based on the merit of the auto companies and not the racing side.

“From my standpoint, nothing changes.”

Read Also:

The deal between the two manufacturers places an emphasis on technology transfer, giving Aston Martin access to Mercedes’ powertrain architecture - including hybrid and electric technology - through to 2027 for any future product launches.

Stroll said the partnership was a “transformational moment” for Aston Martin, paving the way for it to become “one of the greatest luxury car brands in the world”. 

Racing Point currently receives an engine supply from Mercedes, as well as a number of non-listed parts for its car, as permitted by the technical regulations.

The return of Aston Martin to grand prix racing in a works capacity has been a big part of Stroll’s vision for the brand, even if the F1 operation is under a separate ownership.

Four-time world champion Sebastian Vettel will join Aston Martin for the 2021 season from Ferrari, and is also set to serve as a global ambassador for the brand.

shares
comments

Related video

Kvyat reveals inside story of spectacular Imola restart

Previous article

Kvyat reveals inside story of spectacular Imola restart

Next article

Teams split on two-day Formula 1 weekend format

Teams split on two-day Formula 1 weekend format
Load comments
The final throes of Brazil's fleetingly successful F1 team Prime

The final throes of Brazil's fleetingly successful F1 team

Emerson Fittipaldi is better remembered for his Formula 1 world championships and Indianapolis 500 successes than for the spell running his eponymous F1 team. Despite a hugely talented roll call of staff, it was a period of internal strife, limited funding and few results - as remembered by Tim Wright.

Why McLaren's expanding agenda will benefit its F1 resurgence Prime

Why McLaren's expanding agenda will benefit its F1 resurgence

In the 1960s and 1970s, McLaren juggled works entries in F1, sportscars and the Indy 500 while building cars for F3 and F2. Now it’s returning to its roots, expanding into IndyCars and Extreme E while continuing its F1 renaissance. There’s talk of Formula E and WEC entries too. But is this all too much, too soon? Stuart Codling talks to the man in charge.

Formula 1
Oct 17, 2021
How Tsunoda plans to achieve his F1 potential Prime

How Tsunoda plans to achieve his F1 potential

Yuki Tsunoda arrived in grand prix racing amid a whirlwind of hype, which only increased after his first race impressed the biggest wigs in Formula 1. His road since has been rocky and crash-filled, and OLEG KARPOV asks why Red Bull maintains faith in a driver who admits he isn’t really that big a fan of F1?

Formula 1
Oct 15, 2021
The danger of reading too much into F1's clickbait radio messages Prime

The danger of reading too much into F1's clickbait radio messages

OPINION: After Lewis Hamilton responded to reports labelling him 'furious' with Mercedes following his heated exchanges over team radio during the Russian Grand Prix, it provided a snapshot on how Formula 1 broadcasting radio snippets can both illuminate and misrepresent the true situation

Formula 1
Oct 14, 2021
How F1’s pole winner approach undermines drivers Prime

How F1’s pole winner approach undermines drivers

OPINION: Valtteri Bottas is credited with pole position for the 2021 Turkish Grand Prix, despite being beaten in qualifying. This is another example of Formula 1 and the FIA scoring an own goal by forgetting what makes motorsport magic, with the Istanbul race winner also a victim of this in the championship’s recent history

Formula 1
Oct 13, 2021
Turkish Grand Prix driver ratings Prime

Turkish Grand Prix driver ratings

On a day that the number two Mercedes enjoyed a rare day in the sun, the Turkish Grand Prix produced several standout drives - not least from a driver who has hit a purple patch of late

Formula 1
Oct 11, 2021
The hidden factors that thwarted Hamilton's bid for Turkey glory Prime

The hidden factors that thwarted Hamilton's bid for Turkey glory

Starting 11th after his engine change grid penalty, Lewis Hamilton faced a tough task to repeat his Turkish Grand Prix heroics of 2020 - despite making strong early progress in the wet. Instead, his Mercedes teammate Valtteri Bottas broke through for a first win of the year to mitigate Max Verstappen re-taking the points lead

Formula 1
Oct 11, 2021
How pitstops evolved into an F1 art form Prime

How pitstops evolved into an F1 art form

A Formula 1 pitstop is a rapid-fire blend of high technology and human performance. PAT SYMONDS describes how the science of margin gains makes stops so quick

Formula 1
Oct 10, 2021