Mercedes committed to F1 02/12/2010 |
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Daimler chief executive Dieter Zetsche has confirmed that Mercedes is in Formula 1 for the long term despite the team's disappointing 2010 season.
"We have been in F1 for some time [though it has only just rejoined the sport as a standalone team] and we're staying there for the longer term," Zetsche told the DPA news agency. "We don't want to be deciding each year whether we are in or out. And we didn't sign a one-year contract with Michael Schumacher, we signed for three years."
Mercedes finished a comfortable fourth in the constructors' standings, albeit a long way behind third-placed Ferrari.
Zetsche added: "On the one hand, we can't have expected more as a newly formed team. We would not have complained if we had won the championship, of course, but it wasn't a realistic expectation.
"It is clear that the public, and also ourselves, expect us to be looking better than this year. One must, however, accept that in F1 – and in sport more generally – success is not reliably predictable. Otherwise, it would be dead boring."
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