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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...
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11y ago from espnF1.com
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