Eddie Jordan predicts Mercedes AMG Petronas F1 Team would quit F1 by 2018 end, Toto Wolff slams ‘baseless’ reports

"Monaco is a place where people like to party and it seems like somebody did a bit too much of that!" - Mercedes team boss Toto Wolff

By: | Updated: June 8, 2017 11:30 AM
Image: (L) XPB

Former owner of Mercedes Formula One team Eddie Jordan spoke of 2018 being Mercedes' last season in Formula One during a recent interview with Autobild. Mercedes, however, have dismissed the speculation in an official statement.

Jordan was asked in the interview whether he thought if Sebastian Vettel would move from Ferrari to Mercedes next year, to which he said that the four-time world champion would remain with his current team and went on to say that Mercedes "will probably pull the plug at the end of 2018".

"I think they will go for the titles this and next year and then the board of directors in Stuttgart will decide to sell the team and stay only as an engine maker. I would do the same, because Mercedes have won everything and it can only get worse from now.

"So it's better to go back to their old core business in Formula One, which is developing and delivering high-tech engines,” Jordan added.

Mercedes was quick to respond to the reports with an official statement to the press, dismissing the claims. According to a report on ESPN, Mercedes team boss Toto Wolff had this to say: "Monaco is a place where people like to party and it seems like somebody did a bit too much of that! The reports are completely baseless and reflect nothing more than the mischievous speculation of one individual.

"Mercedes has firm contracts for its participation in Formula One until the end of 2020 -- and is currently in discussions about the next competitive cycle with the sport's new owners."

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