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Mercedes boss sells Williams shares

Mercedes Formula 1 boss Toto Wolff has sold off his remaining shareholding in the Williams team. The Austrian first became a shareholder in Williams in 2009 but has been slowly reducing his links since the start of his involvement with Mercedes in 2013. Wolff's shares, a little under 5%, have been bought by US businessman Brad Hollinger, whose stake rises to 15%. Healthcare entrepreneur Hollinger first bought into the team in 2014 but has no formal management role at this stage. Wolff, who agreed with Mercedes when he became its F1 boss that he would work towards ending his involvement with Williams, said: "I am surprised how emotional I am about this day, to be cutting my final...
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9y ago from BBC.co.uk 0
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