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Toto Wolff says the price of fuel will drop before Lewis Hamilton wins another F1 title in worrying comments

MERCEDES team principal Toto Wolff reckons fuel prices will drop before Lewis Hamilton wins a record eighth F1 world title.

In concerning comments about Mercedes’ current performance levels, Wolff hinted that it could be some time before Hamilton lifts another title.

Wolff thinks fuel prices will drop before him and Hamilton are celebrating again

Fuel prices in the UK were at record highs due to Russian’s ongoing invasion of Ukraine, before fuel duty was cut earlier this week.

SE exclusively revealed last week that petrol prices had even soared to an average 182.77p per litre at some motorway service stations.

It’s the same case across the rest of the world, and Wolff was quizzed by German outlet BILD as to whether fuel prices in the country will fall before Hamilton lands an eighth crown.

But his answer didn’t give Mercedes or Hamilton fans much confidence going forwards, despite the Brits’ miracle podium finish in last weekend’s season opener .

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Wolff said: “Phew, hard to say. I don’t think the price of oil will change much in the future, but if OPEC (Organization of the Petroleum Exporting Countries) agrees to open production, things can happen quickly.

“That’s why I say: First, the price of fuel will go down again.”

The F1 returns this weekend in Saudi Arabia – although Wolff isn’t holding out much hope for a successful race.

He doesn’t think Sunday’s GP in Jeddah will give any answers as to why Mercedes have struggled for power at the start of the 2022 campaign.

The 50-year-old added: “We need to understand where we’re lacking in performance. The sooner we recognise this, the faster we will be.

“This is physics – and not mysticism. One issue that is definitely on our minds is speed on the long straights.

“But I don’t expect any enlightening insights from the second race in Saudi Arabia.”