More Mercedes News

Wolff: Lewis Hamilton Respected ‘Economic Reality’ of Mercedes F1 in New Contract

Mercedes boss Toto Wolff reveals that Lewis Hamilton was very considerate of the economic situation during contract renewal talks.
F1 Grand Prix of Australia – Previews

Mercedes’ Wolff Vows Not to Repeat Big Contract Mistake in Future Talks With Hamilton

Mercedes announced Hamilton's contract after an unusual delay as Toto Wolff clarifies they want to avoid this by starting next talks earlier.
F1 Grand Prix of Turkey

Ferrari Reportedly Take a Huge Gamble With a Mercedes Style Approach for 2022 F1 Season

Ferrari are looking to make a very innovative change to the power unit for 2022. This will be daring as further development could be halted.
Abu Dhabi Grand Prix

Toto Wolff Reveals Mercedes’ Plan to Deal With Hamilton, Bottas and Russell After ’21 F1 Season

Mercedes team principal, Toto Wolff, opens up that the team are looking to sign young drivers beyond the 2021 Formula 1 season.
Abu Dhabi Grand Prix

‘It’s a Team Decision’ – Wolff Refutes Reports of ‘Verstappen Clause’ in Lewis Hamilton’s Contract

Mercedes F1 team boss Toto Wolff has said that rumors concerning clauses in the new contract of Lewis Hamilton are 'not true' and 'baseless'.
F1 Grand Prix of Mexico

Toto Wolff’s Genius in Lewis Hamilton and Mercedes Agreeing to a 1-Year F1 Contract

Lewis Hamilton and Mercedes have agreed to extend their contract by a year as David Croft explains how the deal is a smart move by Toto Wolff.
Bahrain Grand Prix

‘Kept It Very Late’ – Wolff on Why Mercedes and Lewis Hamilton Only Agreed to a 1 Year Deal

Mercedes team principal, Toto Wolff, opens up that time constraints led to the team and Lewis Hamilton agreeing upon a 1-year deal for 2021.
F1 Grand Prix of Styria

Key Details You May Have Missed in Lewis Hamilton’s Mercedes F1 Contract Confirmation

Lewis Hamilton and Mercedes have announced a one-year extension as we look at the effects of the contract and Mercedes' long term project.
Turkish Grand Prix

What Hamilton’s 1-Year Deal Could Mean for George Russell at Mercedes

George Russell might not be heading to the Silver Arrows for the upcoming season but has a shot once the Hamilton leaves the team
F1 Grand Prix of Sakhir

Mercedes Boss Toto Wolff Explains the Importance of F1 to the Car’s Brand

Mercedes Boss, Toto Wolff explains the importance of Formula 1 to the brand of Mercedes and points out the edge provided by the platform.
F1 Grand Prix of Australia – Previews

Lewis Hamilton Reportedly Offered Classic Ferrari F1 Outing

Ferrari wanted to give a drive to Lewis Hamilton, but fans of the champion need not to worry as they want to give an iconic road car to test.
F1 Grand Prix of Abu Dhabi – Previews

What Lewis Hamilton’s 1 Year-Deal Could Mean For Mercedes & Him

Analyzing what Mercedes' new one-year deal with Lewis Hamilton could mean for them in F1, including a potential driver change.
F1 Grand Prix of Abu Dhabi – Previews

About Mercedes

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via Reuters

Mercedes: 2021 Latest News, Results, Drivers, and Car Updates

German manufacturing giant, Mercedes-Benz, first got involved in racing back in the 1930s and 1940s. After the Second World War, they returned in 1954, in what is now known as Formula One. However, they pulled out as a manufacturer after 1955, remaining only as a supplier.

The team are commonly referred to as the 'Silver Arrows' due to its distinct and iconic silver livery.

Their exit was a direct response to the 1955 Le Mans Disaster. They would be coaxed back as a constructor, only from 2010 onwards.

The team have announced Valtteri Bottas as their 2021 driver with the other seat yet to be filled, with Lewis Hamilton's contract being extended as the most probable outcome.

How much does Mercedes earn from F1?

Clinching the prized Constructors' Championship entails a lot of prestige, but more importantly, a bigger paycheck. Despite spending an absurd amount of money on car development, it ultimately pays off for Mercedes when they decimate the competition on the track. According to a report, the Brackley-based outfit earned a handsome $451 million in revenue for the 2019 season.

How much is the Mercedes F1 team worth?

Despite being one of the most successful F1 teams in recent history, the Silver Arrows aren't the most valuable F1 team. The German team lose out to Scuderia Ferrari, which needs no introduction. Apparently, Mercedes are valued at a whopping $1,015 million or just over a billion dollars.

What are Mercedes' on-track achievements?

During their first two years in Formula One, there was no Constructors' Championship. It was only introduced from 1958 onwards. However, they did win four races out of a nine-race 1954 calendar. Those wins came at the French Grand Prix, the German Grand Prix, the Swiss Grand Prix, and the Spanish Grand Prix.

A year later, they would go on to win five out of seven races. These wins came at Argentina, Belgium, Netherlands, Great Britain, and Italy.

After their return in 2010, there were off to a shaky start, having been away for so long. However, since 2013, things have been picking up, and they began to dominate from 2014, which saw the inception of the turbo-hybrid era in Formula 1.

Mercedes have won every single Drivers' and Constructors' Championship on offer since 2014. The team have won 115 races out of 227 races.

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via Reuters

Who are Mercedes’ sponsors?

Mercedes F1’s title partner is the Malaysian oil and gas company, Petronas. The German team also has a principal partner in the British chemicals company- INEOS.

Other partners include UBS, Epson, Bose, Tommy Hilfiger, IWC Schaffhausen, Hewlett Packard Enterprise, The Ritz Carlton, Monster Energy, Pure Storage CrowdStrike, TIBCO, and AMD.

Who owns the Mercedes F1 team?

So, who are the entities behind one of the most influential Formula 1 team? Turns out Daimler AG, which is the parent organization of the Mercedes Benz road car brand, is the company behind the German F1 team.

Toto Wolff and British Chemical giant Ineos are equal partners in the team.

Best Moments of Mercedes F1 team

Which charities is Mercedes involved with?

The team have lent their support to two main charities. In 2015, they chose the Air Ambulance Services and the Muscle Help Foundation.

Following the coronavirus pandemic, the team auctioned off Valtteri Bottas' and Lewis Hamilton's race suits to raise money for NHS charities.

Founded1926
OwnerMercedes Benz
Constructors Championships7
Drivers ChampionJuan Manuel Fangio, Nico Rosberg, Lewis Hamilton
Drivers Championships9
Prize Money Won177 Million
BaseBrackley
Official websitehttps://www.mercedesamgf1.com/en/
Race driversValtteri Bottas, TBA
Test driversTBA