Mercedes executive director Toto Wolff said the team can “see the logic” of Liberty’s plan for F1 from 2021 and there are no “bad feelings” over the proposal.
Wolff was asked by RaceFans how Mercedes feels about the proposals, new details of which were revealed here on Wednesday, and the possibility Liberty’s restructuring of F1’s prize money could cost it more money than Ferrari.“Liberty has certain challenges that [it] needs to sort out,” said Wolff. “The sport needs to stay attractive with the competition on track. And of course revenue has to be more balanced in order to have more sporting performance.
“They need to make their growth strategy work and all that is logic to us and it was no surprise. Now it’s just for the benefit of Formula One, the sport we all love and we all want to see growing, can drive compromise.
“It’s the starting point for discussions. We have been presented their case which is good and intelligent in many point of views and are completely understandable from where they’re coming from and It’s about us presenting how see it and how we think it should be structured and then we are able to talk.
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Robbie (@robbie)
14th April 2018, 14:37
Sure doesn’t sound like there will be any need for anyone to leave.
NewVerstappenFan (@jureo)
14th April 2018, 17:39
The only problem really is Ferrari, they have by far the most unequitable position. Getting 100 milion or so before they turn a corner. Just becausethey negotiated such a deal and threatened to leave so many times.
So naturally first thing they do is threaten to leave. That is their initial negotiating position.
Trayambak Chakravarty (@major-dev)
14th April 2018, 18:00
Mercedes: Let’s talk about this plan of yours. I think it’s good except, it sucks. So let me do the plan, and in that way it might be really good.
Ferrari: Your plan sucks gimme my monies.
Such meerkat
14th April 2018, 19:40
Ferrari is not F1
Porsche is not WEC
Tesla is not formula E
Godaddy is not IndyCar
Good bye Sergio, we don’t need you
RaceFans want racing, not your politics
Sundar Srinivas Harish (@sundark)
15th April 2018, 3:42
The closest relationship Tesla have with Formula E is that they get their batteries from Panasonic, as does the Jaguar team.
Such meerkat
15th April 2018, 5:37
Thanks for the clarification
Stephen Crowsen (@drycrust)
14th April 2018, 20:11
It’s early days, this is just the opening gambit in a long game, and it isn’t his decision, rather it is the decision for the Board of Directors at Mercedes AMG.