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Last Trade - 07/05/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £2.17bn
Enterprise Value £2.91bn
Revenue £611.8m
Position in Universe 296th / 1819

Motor racing-Aston Martin may be collateral damage, says Mercedes F1 boss

By Alan Baldwin
    April 17 (Reuters) - Mercedes team boss Toto Wolff suggested
on Saturday that Aston Martin might be paying a price for
Formula One rule changes possibly aimed at slowing his own
dominant team.
    Silverstone-based Aston Martin, who are closely aligned with
champions Mercedes, have complained that aerodynamic tweaks have
affected their low-rake cars more than the likes of high-rake
Red Bull.  urn:newsml:reuters.com:*:nL4N2M93O6
    High-rake cars ride higher at the rear while the Aston
Martin and Mercedes are flatter to the ground, affecting 
airflow.
    Aggrieved Aston Martin boss Otmar Szafnauer said on Friday
he wanted to talk to Formula One's governing body about changing
the aerodynamic rules -- something that is highly unlikely to
happen. 
    "I understand the topic," Wolff told reporters after his
seven-times world champion Lewis Hamilton had qualified on pole
position for Sunday's Emilia Romagna Grand Prix with Red Bull
second and third.
    "How the rules have fallen into place last year, one can
always question what the motivation was," added the Austrian. 
"I think there is certainly the right to review and look at
things and discuss them with the FIA to find out what has
actually happened.
    "That's why I respect Aston Martin's enquiry into the whole
thing. Maybe things were targeted at us and they are collateral
damage."
    This year's cars are substantially the same as last
season's, with major changes postponed until 2022 due to the
COVID-19 pandemic, but aerodynamic tweaks to the floor have
proved substantial.
    Mercedes technical director James Allison said in January
that the modifications, some of them only a few millimetres,
were due to the risk of car performance being too much for the
tyres and some circuit aspects.
    Mercedes have won the last seven drivers' and constructors'
championships, with Hamilton now the most successful driver of
all time.
    Red Bull have moved up a gear however, with Mercedes saying
their Honda-powered rivals now have the faster car. 
    Aston Martin, with four-times champion Sebastian Vettel, 
appear to have slipped back in the pecking order after finishing
fourth last year as Racing Point.

 (Reporting by Alan Baldwin in London, editing by Clare Fallon)
 ((alan.baldwin@thomsonreuters.com; +442075427933))
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