#F1 - Mercedes F1 Team CEO Toto Wolff on the business of F1, success in the U.S. and growth outlook: CNBC

18 October 2024

Toto Wolff, Mercedes-AMG Petronas F1 Team principal and CEO, joins 'Squawk Box' to discuss the business of F1, success of F1 in the US, partnership with LVMH and other brands, long-term growth outlook, and more.

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2024 United States Grand Prix - Saturday "Challenging Saturday for the team" Mercedes-AMG PETRONAS F1 Team

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#F1 - 2024 United States Grand Prix - Saturday "Challenging Saturday for the team" Mercedes-AMG PETRONAS F1 Team

 

Press Information 19 October 2024

 
F1: Session Report
 
2024 United States Grand Prix - Saturday

 
Challenging Saturday for the team

• After a positive Friday, Saturday proved more challenging for the team at the Circuit of the Americas.
• Lining up P2 and P7 for the Sprint, neither driver had the pace to fight for the top three. George was passed by the McLaren of Lando Norris before dropping back behind the Ferraris of Carlos Sainz and Charles Leclerc.
• Lewis gained one place taking P6 with George claiming P5 at the flag.
• Qualifying took place later in the evening and proved just as, if not more, challenging.
• Both Lewis and George's efforts on the used Soft compound left them unsafe and unfortunately, Lewis' new tyre run couldn't get him out of the bottom five.
• George made it through in P4 and then progressed to Q3. After setting the sixth-quickest time on a used set of tyres, he crashed out at turn 19 on his final effort and brought an end to the session.
  

Driver	Grid	Result	Tyres
George Russell	P2	P5	Medium
Lewis Hamilton	P7	P6	Medium

Driver		Q1		Q2		Q3
George Russell		6 Laps 1:33.536	P4 Soft, Soft	4 Laps 1:33.142	P7 Soft, Soft	5 Laps 1:32.974	P6 Soft, Soft
Lewis Hamilton		6 Laps 1:34.154	P19 Soft, Soft

George Russell
Yesterday we were in the fight for P1 in Sprint Qualifying but today we were really struggling. It is confusing how our fortunes have changed so drastically from one day to another. It is clear that when we find the sweet spot of this car, we are capable of fighting for pole positions and race wins. When we don't, we are at the back of the front pack.
 
In the Sprint, I lost a position off the start and was pushing hard early on to regain that. Unfortunately, we then started to struggle with the tyres, and I went backwards. It was difficult to understand as our pace on Friday, particularly on the long run, was strong. We continued to struggle in Qualifying, although my final lap was looking strong before I locked up into turn 12. I was perhaps over-pushing into turn 19 to make up for that time and I lost the rear of the car. I am disappointed in the damage I caused to the car and the work that will have to go on overnight now to repair it.
 
Lewis Hamilton
That was a tough day. The Sprint was a difficult session for us with the car not feeling as strong as it did yesterday. The temperature was warmer than on Friday and that didn't seem to suit us. We made some changes ahead of Qualifying to counteract that and try to push us in a direction that could get the car closer to how it felt on Friday, but we continued to struggle.
 
Tomorrow will be difficult for us starting P19. It will be hard to come across opportunities, but I will be giving it my all to move forward. The car today suffered from an inconsistent balance and a lack of grip so hopefully it will be in a better place on Sunday.
 
Toto Wolff, Team Principal & CEO
A disappointing and frustrating day. After a strong Friday, we were hopeful of a good showing and it quickly became clear in the Sprint that we didn't have the pace of our nearest competitors, falling back to finish a distant P5 and P6. Added to that, the handling balance both drivers had enjoyed the day before was missing and they were struggling with tyre overheating - Lewis on the rear axle, George on the front. We made some set-up changes to tackle this ahead of Qualifying, but we continued to struggle and couldn't unlock the same level of performance we had seen on Friday, with Lewis finishing P19 and George P6 but unable to complete his final flying lap.
 
Tomorrow's race will therefore be an uphill battle: there is a major repair job ahead for George after the Q3 crash. With Lewis starting P19, it will be a case of damage limitation in the race: fighting for meaningful points will be tough and we need things to fall in our favour to do so.
 
Andrew Shovlin, Trackside Engineering Director
After a promising Friday, this was a tough Saturday. It became apparent early in the Sprint that we didn't have the speed of our competitors. We were pushing hard to keep up with those ahead and that put extra energy through the tyres. That overheating bit us hard in the second half of the race and we could only manage P5 and P6. We also found a broken part on Lewis' front suspension post Sprint and that definitely impacted the overall balance.
 
In an effort to get the car back to the sweet spot we had on Friday, we made some set-up adjustments ahead of Qualifying. Sadly these didn't have the desired effect. A consistent balance continued to elude Lewis although he was unfortunate to be knocked out in Q1 having been impacted by traffic in sector one. George fared slightly better and was on a strong lap in Q3 but came unstuck at turn 12 with a lock up and then finally turn 19 with his off.
 
We have a lot of work to do to get George's car ready for the race. The team will be working hard through the evening in order to do that. We know tomorrow will likely be a tough fight but we will continue to work diligently and hard, looking to take advantage of any opportunities that come our way.

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