News Details
Marussia held merger talks with Williams - Wolff
Getty Images Enlarge Mercedes' executive director Toto Wolff has revealed that talks have taken place about merging Marussia and Williams though he says they are "getting nowhere" as it would lead to the closure of Marussia. Wolff is at the centre of the discussions as he owns a 12.2% stake in Williams. The team is floated on the Frankfurt stock exchange and has a market value of 180.2m meaning that Wolff's stake is worth 22m. He has owned shares in Williams since 2009 when he became a director of the team. In January he jumped ship to Mercedes and took a 30% stake in that too. Soon afterwards he announced that he would dispose of his Williams shares to avoid any conflicts of...
Full Story »
Full Story »
11y ago from espnF1.com
0
You May Also Be Interested In...
Williams rejects Marussia merger opportunity
Williams has reportedly rejected an attempt by Marussia's owner to merge...
11y ago from TheF1Times.com
F1 2013 – Marussia could merge with Sauber after...
The Marussia F1 team could merge with the Sauber F1 team after reports...
11y ago from F1.co.uk
Elation at Marussia over tenth place in Constructors'...
November 24th, 2013 (F1Plus / Chris Cameron-Dow) - Marussia held on to...
11y ago from F1Plus.com
Merc 'confident' for the future
Mercedes' chairman of the board of management Dieter Zetsche has every...
11y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Maximo Quiles storms to photo finish Hungarian Moto3...
Maximo Quiles produced a remarkable comeback as he edged out Valentin...
1h ago from MotorsportWeek.c...
Yamaha bows to Jack Miller's pressure over 2026 Pramac...
No description available...
2h ago from Motorsport.com
“I never retired” – why Pol Espargaro isn’t...
No description available...
3h ago from Motorsport.com
“It can be dangerous” – MotoGP’s Balaton Park...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Milwaukee – Qualifying Results
All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
15h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
19h ago from MotorsportWeek.c...
IndyCar champ Alex Palou clinches Milwaukee Mile pole...
No description available...
15h ago from Motorsport.com
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta provides concerning update on the fitness...
Arsenal manager Mikel Arteta has admitted that there are fresh concerns...
2h ago from CaughtOffside.com
Manchester United closing in on deal to sign...
Manchester United are close to securing the services of Senne Lammens,...
1h ago from SportsKeeda.com
Arsenal agree record deal to sign 16-year-old talent
Arsenal have had a very productive summer transfer window, and they have...
2h ago from CaughtOffside.com
Real Madrid set to be rivaled by PL giants for...
Real Madrid will reportedly face competition from Arsenal in their pursuit...
2h ago from SportsKeeda.com
Comments
Hottest News
Toto Wolff brands Christian Horner an ‘a**hole' in...
Mercedes boss Toto Wolff has branded his old F1... Read More »
3h ago from MotorsportWeek.com
F1 icon claims Mercedes factor could tempt Fernando Alonso...
F1 icon Juan Pablo Montoya has claimed that... Read More »
3h ago from GPFans.com
Cameraman avoids collision with flying bike in frightening...
MotoGP rider Pedro Acosta suffered a nasty crash... Read More »
2h ago from RacingNews365.com
