Formula One makes sense for Mercedes, says Zetsche


Daimler CEO Dieter Zetsche speaks at a Daimler annual shareholder meeting in Berlin, April 13, 2011. REUTERS/Thomas Peter

MONACO (Reuters) - This season's new-look Formula One makes more sense for Mercedes than ever before, Daimler chief executive Dieter Zetsche said on Saturday.

Speaking after the team announced a multi-year extension to their title sponsorship with Malaysian state-owned oil company Petronas, Zetsche gave his full backing to the sport's technical revolution.

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