Motorsports

Nick Fry steps down as CEO at Mercedes AMG F1

  • AP, Sepang, Malaysia
  • |
  • Updated: Mar 22, 2013 05:19 IST

Nick Fry has been present at Mercedes AMG F1 since the Brackley, UK based team was British American Racing, Honda and then Brawn GP. Getty Images


Mercedes says chief executive officer Nick Fry will step down in the latest personnel change to hit the Formula 1 team in the past several months.

Toto Wolff, the team's executive director, will take on a greater role including many of Fry's responsibilities in the day-to-day running of the team alongside team principal Ross Brawn. Fry will step down in April.

Wolff replaced Mercedes motorsports chief Norbert Haug after the season in a management shake-up that also saw the arrival of former champion Niki Lauda. On the track, the team brought in Lewis Hamilton from McLaren to replace seven-time F1 champion Michael Schumacher, who retired for a second time after the season.

Fry will continue working for the team as a consultant in its commercial operations through 2014.

 

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