News Details

Wolff sells stake in racing company HWA

Toto Wolff has continued to narrow his focus on formula one with Mercedes. Since taking over as the German giant's team boss, the 43-year-old has been diluting his shareholding in the rival Williams team. And on Tuesday it emerged that Wolff has sold his significant stake in HWA, the Mercedes-linked company involved in the German touring car series DTM. Wolff bought the 49 per cent shareholding in 1999. HWA confirmed that founder and chairman Hans Werner Aufrecht has increased his stake in the process. "The transaction took place in the context of the reorganisation of the investment portfolio of Mr Wolff," the company said.
Full Story »
10y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Wolff: If it's too expensive, we won't do it.

Mercedes boss Toto Wolff admits that the return of refuelling could be...
10y ago from Pitpass.com

F1 refuelling return only if cost effective says Wolff

The proposed return of refueling to Formula One in 2017 will only happen...
10y ago from GrandPrix247.com

We want to make fastest car on the planet – Wolff

Mercedes motorsport boss Toto Wolff says that changes proposed by the F1...
10y ago from ThisIsF1.com

Hamilton, Rosberg rivalry ‘lifts’ Mercedes

Lewis Hamilton and Nico Rosberg's relentless quest to out-perform one...
10y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...
20h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Mick Schumacher set for IndyCar test with RLL

Rahal Letterman Lanigan Racing has announced that it will bring in Mick...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

Arsenal provides Martin Odegaard injury update after...

Arsenal midfielder Martin Odegaard has withdrawn from Norway's national...
10h ago from SportsKeeda.com

Arsenal confirm Martin Ødegaard has medial collateral...

t;li>Captain was taken off in win over West HamClub hopeful he will be...
11h ago from TheGuardian.com

Arsenal confirm the severity of Martin Odegaard's knee...

Arsenal celebrated a 2-0 Premier League victory over West Ham, but the...
14h ago from CaughtOffside.com

Arsenal 2-0 West Ham: Zubimendi shines as Rice and...

Match report – Player ratings – Arteta reaction – Video...
21h 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.