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Latest Mercedes-Benz News

Mercedes F1 chief says no to new Concorde Agreement

Mercedes F1 Chief Executive Nick Fry has finally broken his silence amidst the Concorde Agreement deal being offered to the team. He refuses to sign it as talks with Bernie Ecclestone fail to gain traction. Fry believes that the F1 honcho is peddling chunkier offers to rivals Red Bull, McLaren and Ferrari. Fry warns that “If CVC wish to float Formula 1, I think they need this resolved fairly quickly, possibly more than we need it resolved.” He also waters down rumors that Mercedes will be leaving Formula One. He says that “the mindset is absolutely in capital letters: Mercedes-Benz wishes to be in Formula 1. I would add that… Continue Reading »

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