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Motor racing-Brawn stands down as Mercedes F1 team principal

LONDON, Nov 28 (Reuters) - Ross Brawn will stand down as principal and leave the Mercedes Formula One team at the end of the year, Mercedes said in a statement on Thursday.

The 59-year-old Briton will hand over his responsibilities to executive directors Toto Wolff (business) and Paddy Lowe (technical) and formally leave the team on Dec. 31. (Reporting by Alan Baldwin; Editing by John O'Brien)