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Following a 22-year career as the Head of Mercedes-Benz Motorsport, Norbert Haug will leave his role with the famous German marque at the end of 2012. By 'mutual agreement' with the board, his contract is set to expire later this month.
Haug has been in charge of Mercedes-Benz's motorsport division since 1990, with the company and its partners claiming six Formula 1 world titles and 87 wins under his leadership. The 60-year-old has also guided Mercedes to many DTM successes, a series in which the brand has won more than 50 percent of the races since 1992.
Haug paid tribute to 'the best car company in the world' when his retirement was announced on Thursday afternoon, but admitted to feeling disappointed that Mercedes has failed to meet its overall Formula 1 goals since returning in 2010.
"I would like to thank the best car company in the world for more than 22 years, which never had a single moment without passion," said Haug. "I particularly wish to thank the board for the trust and freedom they have always given me with all my activities. Since 1991, we had tremendous achievements and wins, for which I want to thank all of my colleagues.
"Unfortunately, with one victory since founding our own Formula 1 works team in 2010, we couldn't fulfil our own expectations. However, we have taken the right steps to be successful in the future. Our team and drivers will do everything to achieve these goals."
Nico Rosberg and Lewis Hamilton form the Mercedes Formula 1 line-up for 2013.
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