26 April 2024
Zetsche retiring in 2019
He will leave his current role in May next year
Dieter Zetsche, the chairman of F1 team Mercedes’ parent company Daimler, is stepping down.
The Financial Times reports that the 65-year-old is retiring next year and will be replaced by fellow board member Ola Kallenius.
Daimler said the change, with Zetsche returning after a two year period to be supervisory board chairman, is because of "challenges presented by the transformation of the automotive industry".
He will leave his current role in May next year.
Search
Formula 1 news
26 April 2024
Axed French GP group facing ’embezzlement’ probe
26 April 2024
Hockenheim inches closer to F1 race return
26 April 2024
Official: Hülkenberg lands multi-year Sauber/Audi deal
26 April 2024