Toto Wolff points finger at Ferrari with Mercedes ‘biggest victim’ as deal deadline looms

Toto Wolff is unhappy Ferrari have managed to maintain their “advantageous position” as the deadline for F1’s new Concorde Agreement looms. The Mercedes team principal is happy for prize money to be split more equally as part of a drive to make the sport more competitive.

However, he’s unwilling to put pen to paper ahead of the August 12 cut-off point due to the fact Ferrari will still receive special payments.

The Italian giants – who remain the most successful team in F1 history – have also had the power to veto decisions historically.


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Wolff accepts Mercedes will be the “biggest victim” of the proposed changes, which are due to come into force next year.

But he’s not willing to sign off on any agreement as long as Ferrari have the upperhand on the reigning F1 champions on paper.

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“We from Mercedes, we made very clear that we are happy with a more equitable split of the prize fund,” said Wolff. “The way success is rewarded and possible for everybody, we agree to.

“We are, I would say, the biggest victim in terms of prize fund loss in all of that. Ferrari has maintained an advantageous position. With Red Bull, it obviously balances out with AlphaTauri. So it’s us that are hurt the most.

“I feel that Mercedes has contributed to the sport over the last years. We have apart from being competitive on-track, we have the driver [Lewis Hamilton] that has clearly the most global appeal. We feel that whilst being in those negotiations, we weren’t treated in the way we should have been.

“Therefore there is a bunch of open topics for us that are legal, commercial, and sporting. In our point of view, I don’t feel ready to sign a Concorde Agreement.”


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Ferrari and McLaren’s respective chiefs Mattia Binotto and Zak Brown last month revealed they are happy to sign the new Concorde Agreement.

And F1 insist they “will not be delayed any longer” after seeing the coronavirus pandemic hamper their attempts to hammer out plans for the 2021 season and beyond.

“Formula 1 has engaged with all teams in a collaborative and constructive way and listened to all their views,” said an F1 spokesperson.

“This agreement is important for the future of the sport and all our fans. We are moving forward with this and will not be delayed any longer.”

Mercedes and their rivals will be back in action on Sunday as Silverstone hosts the F1’s 70th Anniversary Grand Prix.

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