Ola Källenius: Last News

Formula One for the years ahead and the next generation of the motorsport, which is due to see engine changes from 2026.New regulations that year will make engines more reliant on electric power and reduce the sport's carbon dioxide omissions as part of a long-term plan to make F1 carbon neutral.That transition could lead to the departure of well-established teams or the introduction of new ones, while experienced drivers like Lewis Hamilton are expected to have called time on their illustrious careers.For Mercedes, Hamilton's retirement and the new engine regulations will come amid a larger period of transition from the team who have won numerous titles with the British driver at the wheel - including each of the last eight Constructor's Championships.Signs of change have shown this year, with Mercedes unable to compete with the likes of Red Bull and Ferrari following the most recent regulation changes, which have raised questions on the team's future and where Hamilton's head lies.While it remains to be seen whether Hamilton will continue with the team beyond this season, Mercedes chairman Ola Kallenius has pledged the Mercedes brand will remain on the grid when speaking at the Financial Times Future of the Car Summit.“We have decided to go down this path of decarbonisation. It is the only decision we can make, and the same goes for Formula 1.

Mercedes F1 boss Toto Wolff and Daimler chief Ola Kallenius are reportedly at loggerheads over who will succeed Lewis Hamilton.Seven-times Formula One champion Hamilton ended speculation over his immediate future on Monday by signing a one-year deal to remain with the Silver Arrows.The short duration of his new contract has sparked talk of who will replace him at the marque - with Max Verstappen and George Russell both touted as potential successors.Russell appears destined to join Mercedes after the Williams driver impressed while standing in for Hamilton at the Sakhir Grand Prix in December.The 22-year-old qualified second for the race and would have won it had it not been for a botched pit-stop.Mercedes chief Wolff is reported to be keen

Hamilton and Mercedes have seemingly hit an impasse in recent weeks. The seven-time world champion has yet to sign a new contract with the Silver Arrows and is currently without a team.It comes two months before the new F1 season gets back underway at the Bahrain Grand Prix.Reports have emerged that Hamilton is looking to retain the £40m salary in his previous deal but Mercedes want him to take a pay cut due to Covid.But the Stevenage-born star could bypass talks with team chief Wolff entirely and go straight to Daimler AG chairman Ola Kallenius, Coulthard believes.