• Loading stock data...
Saturday, July 5, 2025

Mercedes Extends F1 Deal Worth $75M Annually

  • Mercedes and Petronas are extending their title and technical deal.
  • The new pact begins in 2026 and pays Mercedes $75 million per year.
Mercedes-Petronas
John David Mercer-USA TODAY Sports

With major changes coming to Formula 1 in 2026, Mercedes is staying the course.

The iconic carmaker extended its title and technical deal with Malaysian oil company Petronas from 2026.

  • The deal is for $75 million per season.
  • The extension continues an arrangement that began with Mercedes’ entry into F1 in 2010.
  • Mercedes has won eight championships in that time, but are in third place this year, behind Red Bull and Ferrari.

Sustained Relationship

Starting in 2026, F1 will switch to 100% sustainable fuels and engines that draw 50% of its their power from electric sources. The change has caused a reckoning for constructors throughout the racing series.

“From 2026, advanced sustainable fuel will be at the heart of F1 performance,” said Mercedes CEO and team principal Toto Wolff.

Audi is joining the series as a power unit constructor in 2026. Porsche had plans to team up with Red Bull that year, but the two sides scrapped negotiations after failing to come to an agreement. Porsche still hopes to join F1.

Racing legend Mario Andretti has sought to bring an 11th team to the series, but F1 CEO Stefano Domenicali has expressed concerns about the grid becoming too crowded with additional teams.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

exclusive

PGA Tour Slashes FedEx Cup Winner Pay From $25M to $10M

The FedExCup is reworking how it distributes its bonus money.

As NBA Free Agency Quiets, Focus Shifts to Potential Extensions

Shai Gilgeous-Alexander signed a four-year, $285 million extension.

Paramount Settles Trump Suit Ahead of NFL Season, Skydance Merger

The deal likely allows the much larger Skydance merger deal to proceed.

Big Ten Commish Still Pushes for 4 Auto CFP Bids in 16-Team..

The conference wants four guaranteed spots in the Playoff.

Featured Today

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”
June 29, 2025

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.
March 4, 2025

Eagles Make Saquon Barkley NFL’s Highest-Paid Running Back Ever

Barkley is coming off a historic 2024 season with the Eagles.