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via Reuters

via Reuters

There have been rumors of Mercedes dropping Petronas as their title sponsor and replacing one oil company with another, Aramco. Although these rumors have been in the air for a while now, CEO Toto Wolff recently cleared the speculations.

Petronas’ alliance with Mercedes has been a historic one. As a result, the idea of a replacement shocked many. However, Toto Wolff denied having such negotiations, as he cemented Mercedes’ relationship with the Malaysian oil company by extending their contract.

via Reuters

Wolff had said, “The partnership with Petronas is long term, and we still have many years to spend together.” (Translated via Google Translate)

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A spokesperson for Petronas had verified the Austrian’s statements. “Petronas and Mercedes have both benefited from a long-term collaboration started in 2010. Last year we extended this partnership with a multi-year agreement, and we are proud to be able to continue working together to deliver cutting-edge performance.” 

Read more: F2 Boss Shares His Disappointment With Ferrari-Backed Junior Not Being in F1

Thus, Mercedes will continue its decade-long relationship with Petronas, representing the Malaysian Marque on its chassis.

Toto Wolff explains Mercedes’ engine problems

With the title sponsor problem out of the way, Wolff has his hands full with the 2021 championship battle. With the engine penalties raining on the team, Wolff knows the Silver Arrows and their customer teams are in trouble.

Valtteri Bottas is on his sixth ICE, which is double the allowed amount; as a result, he has taken three penalties in the second half of the season. With a closing constructors’ battle with Red Bull, Mercedes cannot afford any errors.

This includes customer teams as well. At the US GP, Williams and Aston Martin accompanied Bottas on the penalty list. This makes McLaren the only customer team unaffected by engine woes.

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Regarding his team, Wolff admitted“I think you see that we are suffering with reliability this year… we are trying to really get on top of the problems and we haven’t understood [them] fully.”

via Reuters

Regarding the situation with other Mercedes-powered teams, he said, “We are hanging on for dear life in supplying all customers and that is not trivial… McLaren and Aston Martin are more fortunate and in that respect [not taking penalties], we just have to take it on the chin and do the best possible job.”

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As the finale approaches, the Brackley team needs to pull their engine problems together. This is not only important for the constructor’s result but Lewis Hamilton’s W12 as well. With a double championship within reach, a minor problem could prove very costly for the team.

Watch this story: Lewis Hamilton’s Biggest F1 Crashes