Mercedes team boss Toto Wolff says Formula 1’s looming regul♐ationᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚ shake-up for 2021 has created a “two-year championship” beginning with the 2020 season.

F1 will introduce a host of new sporting, technical and financial re꧃gulations for 2021, meaning teams will have to split resources to devel🦹oping two cars in parallel, one for '20 and a totally revised design for '21.

Wolff explained how balancing development throu🍌ghout 2020 will be crucial and added that falling behind with their 2021 car could result 🃏in losing up to “half a second” in laptime.

“This year’s championship is a two-year ꦬchampionship,” Wolff explained.

“It’s not only about 2020 under t🍷he current regulations, but there is such a ma❀ssive regulatory change for 2021 that balancing your allocation of resource will be crucial.

“And how much of your resource you are switching into the 2021 car, because obviously the learning and development slope is much st🐼ee🍌per at the beginning.

“S🦩o🔯, if you get it wrong and you are months behind you might be half a second behind.

“This is a challenge that we have e💫mbraced in the past through two r💟egulatory changes and we love that one.”

Mercedes heads into 2020 looking to maintain its dominant streak during the V6 h🍸ybrid era, having swept to every title on offer since the start of 2014.

Another constructors’ title crown this year would see Mercedes surpass the record it currently shares with ꦑFerrari of winning six consecutive championships, while Lewis Hamilton is bidding to equal Michael Schumacher’s all-time feat of seven drivers’ world titles.

“Every🌟 year we try to set the right objectives, objectives that are being understood throughout the organisation,” Wolff said.

“I think it’s s🉐o important to wake up with a purpose and I don’ꦓt see a lack of motivation or purpose within the organisation.

“The pain of losing is so much more inte🥀nse and lasts so much longer than the joy of winning, and this is in a way what drives us strongly. The sheer thought of losing makes you forget about all of your previous achievements.

“Last year’s record doesꦯn’t buy us any credit for the 202🎉0 championship, so all lap times and all points go to zero and we are yet again in front of another challenge.

“In a way, thereﷺ was a 🦩reason why six was a world record, because it’s bloody difficult, and we want to push that needle further.

“We have a great group of people that has just found partners that share the same values and who🅘 wil🐓l be pushing us also to be successful.”