Mercedes has debunked Eddie Jordan's theory that it is planning to pull out of the sport at the end of next year by revealing it has signed a contract extension with title sponsor Petronas.
Jordan has twice gone on the record saying the Mercedes' board is planning to exit the sport at the end of 2018, claiming two of its big commercial contracts with major sponsors Petronas and UBS are due expire at the same time. However, on Saturday at Silverstone, Mercedes revealed a multi-year contract extension had been signed at the end of last year that has pushed the Petronas deal beyond the end of 2018.