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Teams should not dismiss F1 stake offer - Wolff
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Mercedes boss Toto Wolff believes Liberty Media's offer to teams to acquire a stake in the sport should not be dismissed without proper consideration. In a move to encourage teams to have a vested interest in Formula 1, Liberty Media has set aside an allocation of shares in its publicly traded entity (worth about $400 million), destined to be offered to the sport's teams at a discount from the stock's quoted price. "This is an idea which one shouldn't dismiss easily," Wolff, a shareholder and team boss of world champions Mercedes, told Austrian magazine Trend. "But in any case one must know more about the business case and our role in the whole...
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