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Alla Zakarian

10-02-2020 | 18:15 Formula 1
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Toto Wolff hits out at “lunatic” report

Mercedes team boss Toto Wolff hit out at the recent claim that Daimler was to hold a crunch meeting this month at which the future of the German company’s F1 programme would be decided. The media claims suggested that Wolff would buy the team in partnership with Lawrence Stroll and rename it Aston Martin, while Lewis Hamilton was linked with Ferrari. Speaking at the announcement of a multi-year partnership with chemical giant INEOS, Wolff said: “F1 has always been a great provider of headlines over the winter break. And by the sheer lack of racing results and the controversy on track, dropping a bombshell of a headline, always sells. And in that respect, I'm always surprised that there's some lunatic out there that writes something on an internet page and it's being picked up, which was a complete nonsense story, which was put straight by the CEO of Daimler the following day.” "That is one part of the story," he continued. "The other part is that with everything we do, we have to question is it the right activity that we deploy? It's whether it's in the petrochemical business, whether it's as an OEM in the car industry, or whether it's F1. "We, as Daimler today, we see the advantages and the benefits that Formula 1 as a marketing platform provides to us and we see the data. And that is the underlying condition why we're doing it." Source: Pitpass

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