On the riverbank at Potarch Bridge, the former owner of Brawn
GP said: "What they didn't realise when I was invited here was they had a scoop because the world's press have been trying to find out if I was retiring or not.
The most important consideration in my decision to step down from the role as team principal was to ensure that the timing was right for the team in order to ensure its future success," Brawn
said in the statement.
believes "the timing is right", even though he has overseen a recruitment drive which has resulted in Mercedes arguably possessing the most-accomplished BACKROOM of technical staff.
Speculation on Brawn
's position had been rife since early this year following the entry last winter of Paddy Lowe -- formerly technical director of McLaren -- first with the intention of immediately replacing Brawn
However, Hamilton said that when he had made the decision, it was based on a lot more things than just Brawn
, adding that he was not the only thing he came to Mercedes for.
He can certainly afford to do so, after making over PS100million from the sale of his Brawn
GP team to Mercedes after winning the world title with Jenson Button in 2009.
said earlier in the campaign that he could walk away from Mercedes if he is no longer "top dog" at the team.
There had been a suggestion that 58-year-old would step down and now sources close to Mercedes have told the BBC that both parties have failed to reach an agreement on a role in which Brawn
would be happy to remain at the team.
Not for the first time this season stories emerged at the start of the week claiming Brawn
would leave the Brackley-based marque at the end of the year.
Hamilton, for one, would hate to see Brawn
go, he said: "I get on really well with Ross and I've had some really good conversations with him.
Earlier this year Brawn
did suggest that when the time was right for him to step aside there would be"a soft handover", with Paddy Lowe the man to fill his shoes following his recruitment from McLaren.
It is a Friday at the headquarters of Mercedes GP Petronas--and that makes Ross Brawn
even busier than usual.
is hoping the unpredictability of Monaco will lead to another dream result on Sunday.
MERCEDES Grand Prix boss Ross Brawn
has downplayed Michael Schumacher's chances of winning the upcoming Formula One Gulf Air Bahrain Grand Prix, which opens the 2010 F1 season from March 12 to 14 at Bahrain International Circuit (BIC).
Summary: Ross Brawn
says 2010 will be an evolutionary rather than revolutionary year for Formula One.