News Details
Toto Wolff contemplates selling stake in Mercedes F1 Team
Toto Wolff has become nearly synonymous with the Mercedes Formula One project since he invested in the organisation and assumed the role of team principal back in 2013. However, with his 33 per cent stake in the team now valued at an estimated £1 billion ($1.26 billion), the time may have come for the Austrian to consider stepping away and selling up. The 52-year-old joined Mercedes over a decade ago, relinquishing his shares in F1 rivals Williams to become a director at the Silver Arrows. Wolff parted with a substantial eight-figure sum to acquire his stake in the team, and that investment has since propelled his personal net worth into the billions. READ: Eddie Jordan and David...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Wolff: Mercedes must be ‘realistic' on beating...
Mercedes Team Principal and CEO Toto Wolff admits that 'we hate losing,...
2y ago from MotorsportWeek.com
Wolff reassures Mercedes fans: 'I will always remain...
In the off-season, Mercedes' focus was on developing an entirely new...
2y ago from GPBlog.com
Hamilton: We’ve found our North Star with the...
Lewis Hamilton is happy with the design philosophy of Mercedes' 2024...
2y ago from GrandPrix247.com
Jordan casts doubt on Russell’s suitability to lead...
Ex-Formula 1 team owner Eddie Jordan has cast doubt on George Russell’s...
2y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
4h ago from Motorsport.com
Which MotoGP riders will be allowed to test the 2027...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia just trying to "survive"...
No description available...
21h ago from Motorsport.com
Jorge Martin reveals how Marco Bezzecchi pushed him...
Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
21h ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
2d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1d ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
2d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
6d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
5d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 'monitoring' impressive Champions League...
Arsenal are reportedly monitoring Bayer Leverkusen's talented young...
2h ago from CaughtOffside.com
Fabrizio Romano says Arsenal have made 'calls' over...
Transfer news expert Fabrizio Romano has reported that Arsenal have been...
20m ago from CaughtOffside.com
£260m valuation set for three Newcastle stars amid...
Newcastle United have set their asking prices for star trio Sandro Tonali,...
3h ago from CaughtOffside.com
Transfer Centre LIVE! 'Arsenal monitoring Leverkusen...
No description available...
2h ago from SkySports.com
Comments
Hottest News
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
7h ago from GrandPrix247.com
FIA to ditch 2026 Power Units for V10 engines in 2027,...
The 2026 power units are too expensive, too... Read More »
6h ago from GrandPrix247.com
Lewis Hamilton loving lighter more nimble Formula 1 cars...
Lewis Hamilton loathed the previous... Read More »
2h ago from GrandPrix247.com
