Mercedes "shares are not with us" says Mathias Lauda
Mercedes "shares are not with us" says Mathias Lauda
Niki Lauda's stake in the Mercedes Formula One team has been returned to Stuttgart as per the wishes of the triple world champion following his passing in May 2019.
Niki Lauda lived and breathed Formula One, working within the paddock to the last. Following his successful driving career, Lauda embarked on several business ventures before becoming a part of the Mercedes factory F1 effort.
Credited on many occasions by Lewis Hamilton as being the man who convinced him to leave McLaren and join the German manufacturer.
Lauda became an integral part of the Mercedes team in his role as a consultant. The Austrian also owned ten percent of the team, a stake which his son Mathias Lauda says has reverted back to the team.
"Motorsport was my father's life, he won the F1 world championship three times without help from family for good reason," Lauda told La Gazzetta Dello Sport. "He was also successful in the business world. Years ago I saw in a contract that his shares are not with us as a family "The investment in Mercedes is going back to Stuttgart instead."
Reflecting on life without his father, Lauda added, "I have become much more mature, and I had to. I often still cannot believe that he is no longer there and I miss him enormously. But old things must now be dealt with."
Related
Change your timezone:
Latest News
FIA stewards ROB Hamilton pole after bizarre U-turn
- 31 minutes ago
F1 Sprint Qualifying Results: Chinese Grand Prix 2024 times as Verstappen stunned in rainy CHAOS
- 1 hour ago
Another bizarre fire STOPS action at Chinese Grand Prix
- 1 hour ago
EXCLUSIVE: Hamilton and Ferrari chief had meals together years before 2025 signing
- 1 hour ago
F1 Chinese Grand Prix weather forecast - latest today from Shanghai
- 1 hour ago
Young F1 star set to make McLaren debut in injury replacement
- 2 hours ago
Related news
Wolff 'p*****' by Verstappen error as star makes Mercedes debut
Hamilton to open Wolff talks at Mercedes amid Ferrari F1 move uncertainty
Mercedes announce MAJOR £5.9 million loss in profits
Verstappen admits new Mercedes relationship with F1 future update
F1 Standings
Drivers
- Oliver Bearman
- Charles Leclerc
- Carlos Sainz
- Lando Norris
- Oscar Piastri
- Pierre Gasly
- Esteban Ocon
- Sergio Pérez
- Max Verstappen
- Alexander Albon
- Logan Sargeant
- Lewis Hamilton
- George Russell
- Nico Hülkenberg
- Kevin Magnussen
- Fernando Alonso
- Lance Stroll
- Valtteri Bottas
- Zhou Guanyu
- Daniel Ricciardo
- Yuki Tsunoda
Races
- Gulf Air Grand Prix of Bahrain 2024
- Saudi Arabian Grand Prix 2024
- Grand Prix of Australia 2024
- MSC Cruises Grand Prix of Japan 2024
- Grand Prix of China 2024
- Miami Grand Prix 2024
- Gran Premio dell'Emilia Romagna 2024
- Grand Prix of Monaco 2024
- Grand Prix du Canada 2024
- Gran Premio de España 2024
- Grand Prix of Austria 2024
- Grand Prix of Great Britain 2024
- Grand Prix of Hungary 2024
- Grand Prix of Belgium 2024
- Heineken Dutch Grand Prix 2024
- Grand Prix of Italy 2024
- Grand Prix of Azerbaijan 2024
- Grand Prix of Singapore 2024
- Grand Prix of the United States 2024
- Gran Premio de la Ciudad de Mexico 2024
- Grande Prêmio de São Paulo 2024
- Heineken Silver Las Vegas Grand Prix 2024
- Qatar Grand Prix 2024
- Grand Prix of Abu Dhabi 2024
About GPFans
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.
Follow us on your favorite social media channel
Corporate & Media
Innovatieweg 20C7007 CD, Doetinchem, Netherlands
+31645516860