Mercedes

Formula One F1 – Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – Mercedes’ Lewis Hamilton in action during the race Pool via REUTERS/Giuseppe Cacace

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 is 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 has announced Valtteri Bottas as their 2021 driver with the other seat still to be filled. Lewis Hamilton is yet to be confirmed as the 2021 driver.

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, Mercedes isn’t the most valuable F1 team. The German team loses out to Scuderia Ferrari, which needs no introduction. Apparently, Mercedes is valued at cool $1,015 Million or just over a Billion dollars.

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. The 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. But 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 has won every single Drivers’ and Constructors’ Championship on offer since 2014. The team has won 115 races out of 227 races.

Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – Mercedes’ Lewis Hamilton after qualifying in pole position alongside second placed Mercedes’ Valtteri Bottas Pool via REUTERS/Hamad I Mohammed

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.

Best Moments of Mercedes F1 team

Charities

The Mercedes team has lent its 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.

Founded 1926
Owner Mercedes Benz
Constructors Championships 7
Drivers Champion Juan Manuel Fangio, Nico Rosberg, Lewis Hamilton
Drivers Championships 9
Prize Money Won 177 Million
Base Brackley
Official website https://www.mercedesamgf1.com/en/
Race drivers Valtteri Bottas, TBA
Test drivers TBA