News Details
Wolff sells more Williams shares to Hollinger
Mercedes motorsport boss Toto Wolff has offloaded a further five per cent of his Williams shares to American healthcare executive Brad Hollinger. Wolff, formerly executive director at Williams before he joined Mercedes, held a 15 per cent stake in the Grove outfit, but sold five per cent in June of last year to Hollinger as part of a deal with Daimler (Mercedes parent) to reduce his holding in the rival team. This further sale takes Hollinger's stake to 10 per cent. Wolff still holds five per cent and he said he has no plans to reduce that further. "I have no plans to change it," he said during a media briefing attended by Hollinger and Williams chief executive Mike O'Driscoll....
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9y ago from GrandPrixTimes.com
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