Motor racing - Lauda loses money after betting against own team


Hungary Formula One - F1 - Hungarian Grand Prix 2016 - Hungaroring, Hungary - 24/7/16 Niki Lauda before the race REUTERS/Laszlo Balogh

SHANGHAI (Reuters) - It is hard to imagine Mercedes chairman Niki Lauda being too happy about losing money, but there is one wager he must have been delighted to lose at the Chinese Grand Prix on Saturday.

Lauda, a three-times Formula One champion in the 1970s and 80s, bet the German team's boss Toto Wolff 10 euros that Mercedes would be beaten to pole by Ferrari's Sebastian Vettel.

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