Mercedes has announced that it will be cutting ties with Irish building material company, Kingspan, just one week after announcing their partnership deal.
The mutual decision came after heavy criticism for the partnership due to the fact that Kingspan made some of the insulation used in building the Grenfell Tower – which caught fire in 2017, and killed 72 people.
The company’s logo debuted on the W12 during the Saudi Arabian Grand Prix and will be absent for the season finale on Sunday in Abu Dhabi.
Mercedes released a statement saying: “The Mercedes-AMG Petronas F1 Team and Kingspan today announced that they have mutually agreed to end their partnership.
“Announced last week, the new partnership included Kingspan chairing a new Sustainability Working Group for the team, and aimed to deliver carbon reductions through their leading-edge environmentally sustainable solutions for the team’s future campus.
“However, both parties have subsequently concluded that it is not appropriate for the partnership to move forward at the current point in time, notwithstanding its intended positive impact, and we have therefore agreed that it will be discontinued with immediate effect.”
In their own lengthy statement published today, Kingspan said: “We are deeply aware of the sensitivities raised in recent days, and so we have jointly agreed that it’s not appropriate to move forward at the current point in time.
“Much has been written about this over the past few days, and out of consideration for our customers and all the great people who work for us, we believe we must respond.
“We had no role in the Grenfell Tower refurbishment. However, our Kingspan Insulation UK business is a core participant in the Grenfell Tower Inquiry and fully supports the Inquiry’s important work.
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“We understand that this is a complex topic, but there are some important facts that we would like to explain: 1. We did not make the exterior cladding on Grenfell Tower. The Inquiry itself has stated that “the principal reason” for rapid fire spread on Grenfell was the Polyethylene cored ACM cladding used on the exterior of the building.
“No facade system using this PE ACM cladding, regardless of the insulation used, would have passed the necessary large-scale system fire test. Our K15 insulation board was misused in this unsafe and non-compliant system.
“2. We did not supply or recommend K15 to Grenfell Tower. K15 made up approximately 5% of the insulation layer of the façade system. It was substituted without our knowledge. 3. We have completed new tests which support the previous fire safety claims of the three historical K15 large-scale system tests which came into question during the Inquiry process.
“We condemn in the strongest possible terms the wholly unacceptable historical conduct and emails which emerged throughout the course of the Inquiry discovery process. We have sincerely apologised for these actions by a small group of employees at our Kingspan Insulation UK business. This in no way reflects Kingspan’s culture or values.”