Mercedes names Lauda successor
Honda F1 website
Honda website

JULY 31, 2019

Mercedes names Lauda successor

Mercedes has appointed a replacement for the late Niki Lauda.

At the time of his death in May, the F1 legend was the team's non-executive chairman, reporting directly to Daimler's management board.

Lauda was also a 10 per cent owner of the F1 team, but it is not known what will happen to that share.

Mercedes has now named the new non-executive chairman -- Markus Shafer.

But Bild newspaper says Shafer will do the job "differently" to Lauda. For instance, he is not expected to appear at many grands prix or get involved in the team's day-to-day decisions.

Still, Toto Wolff is confident that Mercedes' parent company continues to support the F1 project.

"The commitment of our parent company has been fundamental to the team's success and will continue to be so in the years ahead," he said.

(GMM)

Other stories for JULY 31, 2019

RENAULT CLAIMS TO HAVE BROKEN 1000HP BARRIER

GASLY TOO WEAK WHEN FIGHTING SAYS MARKO

MARKO NOT RULING OUT VERSTAPPEN TITLE

WILLIAMS SAYS RUSSELL GOING NOWHERE FOR 2020

MERCEDES NAMES LAUDA SUCCESSOR

RED BULL LACKING GASLY ALTERNATIVES SAYS VILLENEUVE

OCON HOPES FOR 2020 ANSWERS DURING AUGUST BREAK

VERSTAPPEN BETTER THAN HAMILTON?

CURRENT RULES MAKE CATCHING UP TOO HARD SAYS PROST