Wolff and Lauda renew Mercedes F1 contracts to 2020

Formula One - Grand Prix of Austria - Spielberg, Austria - 1/7/16 - Mercedes Executive Director Toto Wolff during a training. REUTERS/Dominic Ebenbichler

LONDON (Reuters) - Mercedes team bosses and shareholders Toto Wolff and Niki Lauda have agreed new contracts to the end of 2020, the Formula One world champions said on Monday.

The date aligns the two Austrians' contracts with the expiration of the current Commercial Agreement with Formula One Management.