RE: Mercedes & Formula 1 cannot agree contract to continue after 20207 Aug 2020 20:09
Interesting indeed! Especially as rumour is that Daimler may want out of F1 - so may be looking to sell the team.
I don't know these regs in detail... but I suspect, that should they miss the deadline, then the team bought by another party (Or Wollf & Stroll!?) later this year - that they would still be allowed to re-register as a new team. Although possibly all other teams would have to approve it, and they might lose the prize money....