Mercedes Makes Bold Move to Lure F1 Genius Adrian Newey with Multimillion Deal Amidst Red Bull Turmoil

June 1st, 2024, 6:21 PM
Formule1.nl

Mercedes’ Formula 1 team is attempting to snatch master designer Adrian Newey right under Ferrari’s nose by offering him an almost irresistible deal. The offer includes a salary worth tens of millions and team shares. The racing team is currently valued at approximately 1.3 billion euros.

The 65-year-old Newey is set to leave Red Bull in the first quarter of next year, despite an ongoing contract. His desire to turn his back on Max Verstappen and Sergio Pérez’s team is a result of the internal power struggle within the team, the controversy surrounding team boss Christian Horner (who is accused of sexual misconduct), and strained personal relationships. Speculation is rife about his future in Formula 1. Newey has lucrative offers from Ferrari and Aston Martin, among others. The Williams team is also vying for his services.

Mercedes: A New Contender

Mercedes has now emerged as a new contender, according to German F1-Insider. Mercedes hopes to keep Adrian Newey away from Ferrari at the last minute. However, Newey is reportedly hesitant about the offer due to the powerful role of Toto Wolff. The Austrian is not only the team boss and CEO but also owns shares in the team. Newey wants to avoid new political struggles, like the current ones at Red Bull. Last year, Newey also turned down a multimillion-dollar offer from Ferrari. He was not keen on moving abroad at the time.

Upcoming Discussions

Next week, discussions are scheduled between Newey and his good friend and manager Eddie Jordan. They will sit down and discuss all options.

Share this on:

Subscribe and stay on pole

Don't want to miss the latest Formula 1 news?

Subscribe to our newsletter.

By subscribing, you agree to our Privacy Statement

SUBSCRIBE AND

STAY ON POLE

Don't want to miss out on the latest Formula 1 news?

Subscribe to our newsletter.

By subscribing, you agree to our Privacy Statement