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Mercedes aligned with Ferrari's stance on F1's future

Daimler chairman Dieter Zetsche says Mercedes and Ferrari are "100 percent aligned" on the future direction of Formula One.

Following the arrival of new owners Liberty Media last year, Formula One is preparing for a period of change ahead of the expiration of its existing commercial contracts at the end of 2020. Liberty is in the process of discussing its vision for the future of the sport with the teams, with the latest round of discussions due to take place at the next Strategy Group meeting on Thursday.

Liberty is hoping to use the end of the existing contracts to level the playing field between large teams like Mercedes and F1's smaller outfits, but has already faced a quit threat from Ferrari.