Mercedes confirming a majority stake in the Brawn team on Monday, the German engine manufacturer has also extended its contract to continue supplying engines to McLaren for at least the next six seasons.
From 2010 onwards, McLaren will no longer be the works team of Mercedes although the Woking squad – which is expected to have a line-up of Jenson Button and Lewis Hamilton next year – will carry on the partnership which began in 1995.
“This is a win-win situation, for both McLaren and Daimler (owner of Mercedes),” commented Ron Dennis, the Executive Chairman of McLaren Automotive. “I’ve often stated that it’s my belief that, in order to survive and thrive in 21st-century Formula One, a team must become much more than merely a team. That being the case, in order to develop and sustain the revenue streams required to compete and win Grands Prix and World Championships, companies that run Formula One teams must broaden the scope of their commercial activities.”
“Nonetheless, all of our partners will of course continue to play a crucial role in our Formula One programme. For that reason, and because the engines they produce are very competitive, we’re delighted that Mercedes-Benz has committed to continue not only as an engine supplier but also as a partner of ours until 2015 – and perhaps thereafter.”
Dennis added that upcoming years promise to be ‘a very exciting time for McLaren’; with Nico Rosberg and Nick Heidfeld expected to be confirmed as an all-German line-up for Mercedes-Benz GP, formerly Brawn GP, the Woking team is now likely to welcome Champion Jenson Button alongside predecessor Lewis Hamilton.