Mercedes Threatens To Pull The Plug On Formula 1 Over Brexit

Mercedes Threatens To Pull The Plug On Formula 1 Over Brexit
David Richards, the chairman of UK motor racing’s governing body, has warned that Mercedes could pull the plug on Formula 1 if Britain leaves the European Union without a deal.

Mercedes have enjoyed tremendous success in recent seasons and are this year bidding to win their sixth consecutive drivers’ and constructors’ titles.  

 

Their star driver, Britain’s five-time world champion Lewis Hamilton, is entering the first season of his new £40 million-a-year contract.


Read Article

PUGPROUDPUGPROUD - 2/20/2019 11:33:41 AM
+7 Boost
The dice have been tossed on Brexit and the chips will fall where they may. The EU and Britain are playing high stakes chicken with no likely movement or winner in sight. Europe's dream of uniting and becoming a super power and economic powerhouse are slowly but steadily unwinding.


dlindlin - 2/20/2019 12:24:04 PM
+4 Boost
MB won't dare to


zliveszlives - 2/20/2019 1:07:10 PM
+5 Boost
i don't think they would either but moving enough operations/teams out of UK is possible especially considering the tax effects of no-deal and the money at play.
all the people looking for a simple fix seem to have failed at history, finance and politics of the last 300 years of EU.






valhallakeyvalhallakey - 2/20/2019 1:40:41 PM
-2 Boost
Every time you enter into treaties, trade agreements etc.. you are voluntarily relinquishing some control in exchange for some perceived benefit to your country. The implications are clear that the UK will end up worse off economically as a result of Brexit. It is manifesting itself across many areas of the economy. IT companies are moving data centers, restructuring cloud content towards the EU countries, manufacturing is moving to Central Europe, other enterprises like F1 which are heavily integrated across EU countries will be challenged if they remain in the UK and are also looking at options to move into an EU country. By the way I like meld downs too... sign maker for Republican rallies :)


Moo1Moo1 - 2/20/2019 4:45:58 PM
+6 Boost
Bye then


runninglogan1runninglogan1 - 2/20/2019 6:01:13 PM
+2 Boost
Brexit. What a disaster.


MDarringerMDarringer - 2/23/2019 5:11:35 PM
+1 Boost
Germany is trying to create a Fourth Reich.France is spineless as usual. Jewish genocide is happening right and left due to the immigrants of the religion of peace. Europe is imploding. Italy is toying with an Italexit. The UK is the one that has it right even if Theresa May is trying to be Merkel's finger gal. Maybe May can go for a walk with Suckdick Kon, the mayor of London, and experience the love of Muslim terrorists and rid us of her stupidity.


Copyright 2026 AutoSpies.com, LLC