Rosberg troubled by forcing retirement on Mercedes

©Twitter

Nico Rosberg was fully aware beforehand that his decision to retire from F1 would inevitably "put Mercedes in a difficult situation".

Speaking to French broadcaster Canal Plus in Paris yesterday, the 2016 world champion said that while the decision itself was difficult, he was also troubled by the inevitable consequences his employers would face with regard to finding a driver to replace him.

"I knew it would put Mercedes in a difficult situation," he explained. "Toto (Wolff) was very understanding, but with Niki (Lauda) it took a little more time."

Before deciding to call it a day on his F1 career, Rosberg had committed earlier this year to a lucrative two-year contract worth a reputed €45 million. But the German says he has no regrets over the loss of income.

"I'm in a lucky situation thanks to the fact that I earned a good living in racing, and I know I am privileged. This is probably what permitted me to take my decision.

"I know that the money that was in that contract would not have made me any more happier in the future."

Virtual reality: The future of F1 coverage?

Jorge Lorenzo: When a two-wheel champion tests a Mercedes

Silbermann says ... Ignore Flavio, get Alonso in

INTERVIEW: Stoffel Vandoorne: The long wait is over

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.