News Details

Mercedes move for Wolff, Lauda becomes shareholder

Mercedes has confirmed that Toto Wolff has become a new shareholder and executive director of the team. Mercedes has also confirmed that Niki Lauda, also acquires a stake in the team. A statement released says ‘Together with Ross Brawn, Lauda and Wolff will complete the management of the Mercedes-Benz Formula 1 racing team.' 'As an entrepreneur, investor and motorsport manager, Toto Wolff has proven that this sport runs in his blood; at the same time, he is also well aware of the economic necessities of the business,' said Dr. Dieter Zetsche, Head of Mercedes-Benz Cars and Chairman of the Board of Management of Daimler AG. 'With Toto Wolff, we have gained for our Formula 1 team not...
Full Story »
12y ago from F1Zone.net 0
Share

You May Also Be Interested In...

Wolff leaves Williams to join Mercedes

Williams have confirmed that Executive Director Toto Wolff is to leave...
12y ago from Formula1.com

Wolff moves to Mercedes from Williams

Williams shareholder and executive director Toto Wolff is leaving to...
12y ago from SuperSport.com

Wolff becomes Executive Director at Mercedes

Toto Wolff has been confirmed as the new Executive Director of...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Rinus VeeKay separates from Dale Coyne Racing

Rinus VeeKay will not race with Dale Coyne Racing next season after...

Colton Herta leaves IndyCar to pursue F1 with Cadillac...

The Cadillac F1 Team has announced that it has hired IndyCar star Colton...

Popular On TotalWRC.com

Popular On GunnersToday.com

Latest report confirms major injury blow for Arsenal,...

Arsenal have been dealt a major injury blow with defender William Saliba...
4h ago from CaughtOffside.com

Mikel Arteta should heed a lesson from Fabian...

€™s hard to avoid the feeling that, after Brighton boldly took their...
7h ago from TheGuardian.com

‘No chance of happening' – Fabrizio Romano...

Reports linking Leandro Trossard with a shock move away from Arsenal have...
14h ago from CaughtOffside.com

Arsenal face risk of Viktor Gyokeres missing games as...

Arsenal face the risk of their star striker Viktor Gyokeres missing games...
11h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.