Ecclestone claims Mercedes deal almost done

13 May, 2012

lre Vicena Aguilera (ESP) President of the Circuit de Catalumya Consortium and Bernie Ecclestone (GBR) CEO Formula One Group (FOM). Formula One World Championship, Rd5, Spanish Grand Prix, Qualifying Day, Barcelona, Spain, Saturday 12 May 2012.

Bernie Ecclestone in Barcelona

May 13 (GMM) F1 chief executive Bernie Ecclestone claims he is close to reaching an agreement with Mercedes over the future of the German marque’s involvement in Formula 1.

The parties have been at loggerheads over the Ecclestone’s refusal to offer to Mercedes the same Concorde Agreement deal reached with other top teams Ferrari, McLaren and Red Bull.

In response, it has been suggested not only that the situation threatened the sport’s floatation plans, but that Mercedes could sensationally quit F1 at the end of this year.

“We are now 80 per cent there,” Ecclestone told the German newspaper Bild am Sonntag in Barcelona.

“The other 20 per cent, we will get there soon,” he added.

“We have spoken with several Mercedes managers. I am sure we will see more of Mercedes in formula one.”

Bild said the deal being discussed between Ecclestone and the Stuttgart based carmaker will see Mercedes in F1 at least through 2020.

Norbert Haug, however, sounded surprised.

“I have to apologise, but we don’t want to give any information at the moment about the state of the negotiations,” Mercedes’ motor racing vice-president insisted.


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