Mercedes to leave DTM and join Formula E

With the announcement from Mercedes-Benz that it will leave DTM at the end of the 2018 season, only BMW and Audi will be left as competitors in 2019.

That is, unless another “viable concept” for DTM is developed.

The ITR, which is the DTM’s carrier and organiser, released a short statement following the announcement by Mercedes.

“The ITR regrets this step by Mercedes. We must respect the decision in a sporting and fair way.”

Though, the ITR does add that thanks to advance notice from Mercedes, the DTM may still be a strong competition post-Benz.

“That gives the ITR the time to analyse the situation and to prepare a sustainable concept for the future.”

Mercedes released a statement saying it has “loved every second” with the DTM competition.

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“Since the DTM was founded in 1988, there have been 26 racing seasons during which Mercedes-Benz has won 10 drivers', 13 team and six manufacturer titles (DTM + ITC combined).

“With our fans, we have celebrated 183 race wins, 128 pole positions and 540 podium finishes.”

It added that it’s excited to become a new competitor in Formula E, which it describes as “like an exciting start-up venture”.

With teams in Formula 1 and soon Formula E, Mercedes says it is focusing on the premium (F1) while also exploring the innovative (FE).

At the same time, M-B also introduced its new GT4 car, based on the AMG GT. It will have around 375kW/600Nm, and weigh approximately 1390kg, depending on Balance of Performance rulings.

M-B’s GT4 will be delivered to the first customer racing teams at the end of 2017.