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Home » How Ferrari’s veto powers changed Toto Wolff’s Formula 1 plans

How Ferrari’s veto powers changed Toto Wolff’s Formula 1 plans. How Ferrari's veto powers changed Toto Wolff's F1 plans.

f1-insider.com reports in a recent article that according to rumors Toto Wolff’s new plans are (in case Mercedes wants to leave Formula One at the end of the 2020 season and just remain as an engine manufacturer) to work with Lawrence Stroll and continue the current team but as Aston Martin (Lawrence Stroll is apparently close to buying 20% of Aston Martin).

The former Formula One boss Bernie Ecclestone has said that this could possibly happen because Toto Wolff and Lawrence Stroll were seen together often on race weekends and also Mercedes hasn’t signed the Concorde Agreement from 2021 onwards, which is according to him “very strange”.

Image result for wolf binotto

Toto Wolf’s original plan was to replace Chase Carey as the Formula 1 chief and he even negotiated a contract but Scuderia Ferrari put a stop in that by making Liberty Media agree to the term, that you must wait three years in order to work in the Formula 1 management (if you previously worked for an F1 team).

At the same time, f1-insider.com informs that sources from Red Bull also say Toto Wolff was caught off guard by Max Verstappen’s recent contract extension with Red Bull because he saw Verstappen and Mercedes for 2021 basically as a done deal.

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