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Press Release

Mercedes-AMG PETRONAS F1 Partners with Chestnut Carbon to Restore 200 Hectares of Biodiverse Forest

Published by Todd Bush on February 18, 2025

  • Restoring 200 hectares of forest: Planting 260,000 native trees to revive degraded land.
  • 5,500 tons of CO2 removal: Securing carbon credits for emissions offset between 2027-2030.
  • Economic and ecological benefits: Supporting biodiversity, air and water quality, and local jobs.

The Mercedes-AMG PETRONAS F1 Team is partnering with Chestnut Carbon to drive large-scale carbon removal projects across the Southeastern United States. The initiative aims to restore 200 hectares (~500 acres) of degraded farmland into thriving biodiverse forests, aligning with the team’s sustainability goals.

Why it matters

While emissions reduction remains a priority, the team acknowledges the need for high-quality carbon removals to address unavoidable emissions, in line with Oxford Offsetting Principles.

>> In Other News: BKV Announces Strategic Partnership for South Texas CCS Facility

The commitment

  • Mercedes-AMG PETRONAS F1 has secured carbon removal credits through Chestnut Carbon, offsetting 5,500 tons of CO2 from 2027 to 2030.
  • This investment supports Chestnut’s Sustainable Restoration Project, which has planted over 10 million trees to date, with one million+ tons of carbon captured by 2040.
  • The project also improves biodiversity, air, and water quality, while creating local jobs by sourcing seedlings and hiring regional experts for planting.

Industry-leading standards

The initiative aligns with the Gold Standard for Global Goals, ensuring third-party auditing, conservative carbon accounting, and lasting impact.

What they’re saying

Toto Wolff, CEO & Team Principal, Mercedes-AMG PETRONAS F1 Team:“We are determined to lead by example in sustainability. This collaboration is a crucial step in addressing our residual emissions and reaffirms our commitment to becoming one of the most sustainable global sports teams.”

Toto Wolff

**Toto Wolff, CEO & Team Principal, Mercedes-AMG PETRONAS F1 Team**

Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team:“Working with Chestnut Carbon enables us to support projects that sequester carbon while benefiting biodiversity and local communities. This investment is key to our broader carbon removal strategy.”

Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team

**Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team**

Ben Dell, CEO, Chestnut Carbon:“We’re proud to partner with Mercedes-AMG PETRONAS F1 to deliver high-quality, nature-based carbon removals. Our long-term commitment ensures environmental integrity and community engagement for sustainable impact.”

Ben Dell, CEO, Chestnut Carbon

**Ben Dell, CEO, Chestnut Carbon**

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