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Mercedes finance chief joins F1 board

May 12, 2013, 7:00 AM EST

Mercedes F1 driver Hamilton is pushed by his crew during the qualifying session of the Spanish F1 Grand Prix at the Circuit de Catalunya in Montmelo Reuters

Bodo Uebber has joined Formula One’s management board, bringing to an end the dispute between Daimler and F1 supremo Bernie Ecclestone.

Uebber is the finance chief at Daimler, the company which owns Mercedes. As reported by the Daily Telegraph, this move sees the German marque gain a good deal of control within Formula One. Ecclestone himself is a member for the board, as is Ferrari president Luca di Montezemolo, and this has given the Italian team a great deal of influence on the sport in recent years. However, Mercedes may now also enjoy a similar sort of control over the future of Formula One thanks to this move.

The dispute between Ecclestone and Daimler spurned out of a bribery allegation made back in 2012. However, the Telegraph reports that Niki Lauda’s role at Mercedes has played a big role in ending the dispute and securing Uebber a place on Formula One’s board.

Mercedes is chasing its first win of the season at today’s Spanish Grand Prix, with Nico Rosberg starting from pole position and Lewis Hamilton starting P2. The team has surpassed its own expectations so far in 2013, but a win is crucial if they are to affirm themselves as championship contenders.

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