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Wolff looking to sell more of Williams stake

Toto Wolff Mercedes motorsport boss Toto Wolff is still working on off-loading his stake in the Williams Formula 1 team. Ever since the Austrian bought into Mercedes and began working as the German marque's Formula 1 and motor racing chief, his more than 15 per cent stake in Williams has been quietly on the market. In June, it emerged that 5 per cent of Wolff's stake was bought by US private healthcare businessman Brad Hollinger. And now, the Daily Telegraph reports that Hollinger in fact has an additional 2 per cent option on the Grove based team worth about $5.7 million. Formula 1 business journalists Christian Sylt and Caroline Reid quoted Wolff as confirming: 'I am now on slightly more...
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10y ago from GrandPrix247.com 0
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