Quote:
Originally Posted by Casper
Erebus knew the deal up front, has anything changed? The presumption was that MB would get onto the sponsorship wagon I suppose and it has not happened.
|
Yep. Changes in AMG management - new managers less enthusiastic.
AMG/HWA saw the Erebus program as a profit centre - remember this only got over the line because Betty spends so much money with them. When they took the engine development in-house, there was a much-reduced financial incentive to keep the deal going.
So AMG is making less money from the deal, and so less reason to resist the MBA push to kill the deal.