Brawn stands down as Mercedes F1 principal


Mercedes Formula One team principal Ross Brawn looks on during the first practice session of the German F1 Grand Prix at the Nuerburgring racing circuit, July 5, 2013. REUTERS/Kai Pfaffenbach

LONDON (Reuters) - Ross Brawn will stand down as principal and leave the Mercedes Formula One team at the end of the year, Mercedes said in a statement on Thursday.

The Briton, who turned 59 last week, will hand over his responsibilities to executive directors Toto Wolff (business) and Paddy Lowe (technical) and formally leave the British-based team on December 31.

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