News Details

Toto Wolff is ‘tempted' to sell Mercedes shares

Sky Sports reporter Craig Slater has heard from some 'well-placed insiders' that some shareholders of various teams in Formula 1 have started to question if the sport has 'peaked', and whether it's time to sell their share. Thanks to Netflix docuseries ‘Drive to Survive', the F1 has exploded in recent years across the pond, making the value of each team skyrocket. For example, in 2013, Mercedes team principal Toto Wolff became a one-third shareholder of the Silver Arrows, costing him 50 million. Fast forward a decade, and his stake is worth more like 3 billion now, raising the question whether it'd be a good time to sell his share, given that the sport might've hit its peak. Want to...
Full Story »
Share

You May Also Be Interested In...

Mercedes respond to FIA investigation over Toto Wolff...

Following a bizarre statement by the FIA on Tuesday evening, Mercedes...
2y ago from Formula1News.co.uk

Christian Horner makes claim after Susie Wolff...

Red Bull team principal Christian Horner has quashed rumours that the...
2y ago from Formula1News.co.uk

Horner advises Wolff on how to rebuild Mercedes F1 team

Red Bull Team Principal Christian Horner has lent some advice based on...
2y ago from MotorsportWeek.com

Allison says ‘fragmented’ Mercedes team led to...

Mercedes F1 technical director James Allison has opened up about the...
2y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Why MotoGP hails 2025 season as a...

MotoGP promoter Dorna Sports has described the conclusion of the 2025...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Romet Jürgenson to compete in opening three WRC2...

The rising Estonian talent is joined by co-driver Siim Oja and start...

Popular On GunnersToday.com

'That's true, yes': Transfer expert confirms Arsenal...

Arsenal are reportedly interested in signing the Borussia Dortmund...
6h ago from CaughtOffside.com

'What a massive player he is for us' - Mikel Arteta...

Arsenal manager Mikel Arteta was full of praise for Declan Rice after...
4h ago from SportsKeeda.com

Contact made: Berta leading talks as Arsenal prepare...

Arsenal are looking to improve the midfield unit with the signing of...
6h ago from CaughtOffside.com

Everton 0-1 Arsenal: Gyokeres penalty sends Gunners...

Match report – Player ratings – Arteta reaction – Video...
8h ago from Arseblog.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.