Mercedes confirmed they will exit Formula E at the end of the 2022 season. Nevertheless, high instances of the team would like to pursue their work under another name.
Mercedes decided to review its goals and leave Formula E at the end of the 2022 season to shift most of its motorsports resources towards their Formula One team.
Although good lessons were learned in Formula E, especially regarding Daimler’s recent objective of launching a fully electric range of cars in the future, the German manufacturer thinks F1 remains “the fastest laboratory for developing and proving sustainable and scalable future performance technologies.”
“In motorsport, Formula E has been a good driver for proving our expertise and establishing our Mercedes-EQ brand, but in future we will keep pushing technological progress – especially on the electric drive side – focusing on Formula 1,” Markus Schafer, member of Daimler’s board management added, confirming at the same time Mercedes’ envy to focus a lot of resources towards Formula One and probably remain in the sport for another few years at least.
“It is the arena where we constantly test our technology in the most intense competition the automotive world has to offer – and the three-pointed star hardly shines brighter anywhere else.
“F1 offers rich potential for technology transfer and our team and the entire series will achieve net-zero status by the end of the decade.
“Over the last two years, Formula E has enabled us to showcase the Mercedes-EQ brand in a highly endemic and truly innovative format,” Betina Fetzer, vice president of marketing added.
“On a strategic level, however, Mercedes-AMG will be positioned and strengthened as our performance brand through its close alignment to our record-breaking Formula 1 team, and F1 will be our company’s works motorsport focus for the years ahead.”
Following the announcement, Toto Wolff also spoke his mind, stating that a successful and fully operating team was still ready to work and take on new challenges, implying a possible privateer entry of the current FE world champions in a near future.
“We entered Formula E with an open mind about the series and its innovative approach to motorsport.”
“We can be proud of our achievements and especially the double world championship won last weekend in Berlin, which will stand as a historic milestone in the long motorsport history of Mercedes-Benz.
“A lot of hard work went into building the team and making it competitive – and we have seen an incredible group of talented women and men deliver at the highest level.”
“We have a team that is fully functional, that we can be proud of in a series that is good fun.
“We have also a certain degree of responsibility towards the team and the series.”
Team principal Ian James joins Wolff, revealing clear envy to pursue his Formula E adventure without the help of Mercedes Benz. This goal was probably given a massive impulsion following Mercedes’ 2021 title-winning campaign in both drivers’ and constructors’ championships.
“We have been extremely fortunate to enjoy the support of Mercedes-Benz in building a class-leading Formula E operation over the past few seasons.
“I would like to thank the company for its trust and support in our journey so far – and all the way through to what we hope will be a successful conclusion to season eight with a strong championship challenge.
“Although Mercedes-Benz has decided to leave, we recognize the value and power of Formula E; therefore, we will be exploring the best options for the team to continue competing beyond [the 2022 season].”