🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Motor racing: Rule changes are a chance for all F1 teams, says Wolff

Published 12/07/2018, 11:51 AM
Updated 12/07/2018, 11:55 AM
© Reuters. Mercedes AMG Formula One team director Toto Wolff attends the FIA Champions news conference for FIA Prize Giving 2017 in Paris
WMB
-
RACE
-

ST PETERSBURG, Russia (Reuters) - Rule changes could give every Formula One team a chance to pull off a surprise next season, Mercedes team boss Toto Wolff said on Friday.

Speaking ahead of the governing FIA's awards ceremony in Russia, the Austrian told reporters he felt "everything is possible".

"It is almost like 2009 where Brawn identified the double diffuser. I think there could be teams that have found loopholes, that others didn't spot, that could make the difference," he said.

"So we are taking everybody seriously. Whether it is Ferrari (NYSE:RACE) finishing second this year, or Williams (NYSE:WMB) finishing 10th. All of them could come with a car that can outperform us."

The rules are being tweaked for 2019, with aerodynamic changes aimed at making it easier for drivers to follow cars and battle on track, ahead of a more substantial overhaul planned for 2021.

Mercedes have won every championship in the V6 turbo hybrid era that started in 2014, with Ferrari and Red Bull the only other teams to win races.

Former champions Williams scored just seven points from 21 races this season, despite using Mercedes engines, and finished last overall. The team have not won a race since 2012, with their most recent title in 1997.

Next season they will have Mercedes-backed British rookie George Russell, the Formula Two champion, as one of their drivers along with Poland's Robert Kubica.

© Reuters. Mercedes AMG Formula One team director Toto Wolff attends the FIA Champions news conference for FIA Prize Giving 2017 in Paris

Brawn, the team that was Honda and is now Mercedes, stunned Formula One in 2009 when they produced a winning car only months after being threatened with closure following the Japanese manufacturer's withdrawal.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.