Toto Wolff admitted Max Verstappen is a driver who will be "on everybody's radar" but has vowed Mercedes will not rush to seduce the Red Bull star.
Mercedes team principal Wolff will be aware that reports have linked Verstappen with a possible future move to the Silver Arrows, possibly as a long-term replacement for Formula One champion Lewis Hamilton.
For now, though, Hamilton is going nowhere, having signed a contract for the upcoming 2021 season, and the British driver may yet remain for years to come.
After landing a seventh drivers' title last year to match Michael Schumacher's F1 record, there is no driver that Mercedes would take above Hamilton in the present time.
Wolff said: "The symbiosis that we have in the relationship, it's always that we have a mutual understanding of what we want to do in the future. That will be also the case in the discussions with Lewis going forward.
"Max is certainly an outstanding young driver that will be on everybody's radar in the future, but we are not flirting outside before we have a clear understanding with our two drivers."
Verstappen has finished third in the championship in each of the last two seasons, with the 23-year-old winning races at Silverstone and Abu Dhabi during the 2020 campaign.
He tallied 214 points to finish just nine points behind Mercedes' runner-up Valtteri Bottas in the championship.
Quoted widely after Mercedes unveiled their new W12 car on Tuesday, Wolff underlined how Mercedes are not blinkered about the team's future and the potential for a change of direction.
Bottas is also due to reach the end of his contract after the new campaign, meaning Mercedes currently have flexibility should they wish to reshape their driver line-up for 2022 and beyond.
"Our first discussions are going to be with Valtteri and Lewis in respecting our values, integrity and loyalty - but on the other side the young drivers are the future," Wolff said.
"Therefore we need to consider how we want to set ourselves up for the years beyond."
McLaren not ready to challenge Red Bull...yet - Norris
Lando Norris says McLaren still need more time if they want to challenge Red Bull consistently after taking his maiden victory in the Miami Grand Prix.
Norris was helped by a well-timed safety car that allowed him to jump ahead of Max Verstappen in Miami to become just the third different driver to win a Grand Prix this season.
The 24-year-old currently sits fourth in the F1 drivers’ standings after three podium finishes, and he expects another competitive race at the Emilia Romagna Grand Prix on Sunday.
"I'm confident we can make steps forward, but I've made it clear we're not going to be there every weekend," Norris said.
"We need more if we are to challenge Red Bull and Ferrari more consistently.
"We definitely took a step forward, but other teams have upgrades, too. So, we're not getting ahead of ourselves.
"I still think we’re the third-best team at the moment, but that could change if we have another good weekend here, and I'm confident with our rate of development that by next year we can challenge a lot more often for wins and, in the big picture, challenge for the title."
Norris’ victory in Florida followed a major aerodynamic development to the McLaren, and he believes it will be an even better match to the track on Sunday.
"We are just better suited for Imola, potentially the upgrade a little bit as well,” he added.
"Imola has generally been one of our more successful tracks - and for me as driver."
Newey expects to join another team after Red Bull exit
Adrian Newey admits for the first time that he expects to join another F1 team when he leaves Red Bull.
The legendary designer will depart the team in early 2025 after 19 years and is free to join a rival outfit ahead of the 2026 season.
While he did not reveal where he might go, Ferrari are regarded as favourite to land Newey as he is known to have had conversations with a Ferrari representative, while other teams have also reportedly made their interest known.
In an interview with his manager Eddie Jordan, Newey admitted he is "seriously considering changing teams, going somewhere else and doing another four or five years or whatever."
He added: "I feel a bit tired at the moment, but at some point, I’ll probably go again."
Newey’s decision to leave Red Bull was influenced by the tumultuous period behind the scenes for the Formula One constructors’ champions.
Controversy surrounded team principal Christian Horner at the start of the season as he was accused of engaging in inappropriate controlling behaviour towards a female member of staff, accusations he denied and was cleared of following an independent investigation.
Newey reflected on the decision to leave after almost two decades with the club.
"To walk away from Red Bull was a very hard decision but it was one I needed to take for a whole host of reasons. They had been my family," he continued.
"I never really thought it would be big news so for it to be in all the flipping papers and on the telly was a bit of a shock."
Albon signs new long-term contract with Williams
Alex Albon has signed a new long-term deal with Williams, until the end of the 2026 season at least.
The Thai driver, whose existing contract was due to expire at the conclusion of the 2025 campaign, has put pen to paper on fresh terms with the team he joined in 2022.
After finishing seventh in last season's World Constructors' Championship standings, Williams are ninth after a slow start to 2024.
While the length of the new deal is uncertain, it will take Albon into Formula One's new regulation period, which begins in 2026, and the 28-year-old is excited by Williams' future.
"This is a long-term project that I really believe in and want to play a key role in, which is why I have signed a multi-year contract," he said.
"The journey will take time, but I am confident we are building the right team to move forward and achieve great things in the years to come.
"It has been a difficult start to the year, but since joining Williams, we have made significant progress together, and I have seen huge changes happening behind the scenes to take us back to the front of the grid."
Team principal James Vowles added: "We are delighted to secure Alex's long-term future with Williams Racing.
"He has exceptional talent, technical input and dedication to the cause and this is a huge vote of confidence in Williams and the journey back to competitiveness that we are on.
"Since joining, Alex has consistently demonstrated his ability to perform under pressure, and signing him for the long-term is a big piece of the puzzle of moving us up the grid."
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