Formula One news

Mercedes-Benz commited to Formula 1?

Is Mercedes-Benz fully committed to Formula One? New CEO of parent company DaimlerChrysler, Eckhard Cordes, admitted that recent quality problems - including millions of road car recalls - would cost a 'three figure sum in a million euros' to fix.

Slashing F1 partner McLaren's engine programme, then, might be a handy way to cover the cost. He told Car magazine: "We are committed to F1 for 2005. Anything else is pure speculation."

Cordes, in the interview, also admitted to being primarily a 'numbers man', motivated by the desire to make money. "If a programme does not pay off," he explained, "it is not going to happen. But I am also a car guy."

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  • Hamilton looking forward to test team's new car
  • Toro Rosso invites Sato for another test
  • Pantano bemoans lack of F1 interest
• 03 Dec.
  • Alonso threatens to quit F1
  • Alonso talks up 2009 chances
• 02 Dec.
  • An interview with Kazuki Nakajima
  • McLaren to present 2009 contender January 16th
  • Hockenheim hanging in the balance
  • BMW tempering 2009 title talk
• 01 Dec.
  • Renault thrills 100,000 fans on the streets of Sao Paulo
  • Briatore targets championship title in 2009
  • 'Grosjean not ready for F1 yet'
  • Nicolas Prost eyes F1 test after winning F3000 championship
  • Photos: Piquet demo at Sao Paulo
  • Photos: Desafio Internacional das Estrelas 2008
• 30 Nov.
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  • Di Resta happy to start in midfield team
• 29 Nov.
  • Fisichella insists seat is safe
  • Middle East circuits to work together
• 28 Nov.
  • Photos: Construction at Abu Dhabi
  • Tiago Monteiro confirms the acquisition of GP2 team
  • Button says Honda wins possible in 2009
• 27 Nov.
  • BMW set for Valencia launch
  • Donington Grand Prix: No cars please!
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  • Opportunity to race with Michael Schumacher?
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  • Photos: Wednesday in Fiorano
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• 26 Nov.
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  • LG signs as F1 global sponsor
  • Sir Frank Williams endorses karting for the disabled
  • Toyota to unveil TF109 15 January
  • Santander to switch from McLaren to Ferrari
  • Montoya 'has turned down F1 offers'

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