News Details

Toto Wolff emotional after selling last Williams shares

Mercedes AMG Petronas F1 team boss Toto Wolff has sold his final 5% of shares in the Williams to US businessman Brad Hollinger. The Austrian first become invested in Williams in 2009 with a 15% stake in the British team but has slowly reduced his involvement after taking on a senior management role at Mercedes in 2013. Wolff sold on his last 5% of shares in Williams to Hollinger who now takes the second-highest stake in the team with a total of 15%, only behind Sir Frank Williams who holds a 52% stake, while co-founder Sir Patrick Head holds 9%, with 21% listed on the Frankfurt Stock Exchange and 4% held by an employee trust. "I am surprised how emotional I am about this day, to be...
Full Story »
9y ago from Crash.net 0
Share

You May Also Be Interested In...

Wolff sells remaining stake in Williams F1 team to...

Mercedes boss Toto Wolff has divested the remaining stake he had in the...
9y ago from Motorsport.com

Mercedes boss Wolff cuts ties with Williams

Mercedes motorsport head Toto Wolff has sold his remaining stake in the...
9y ago from SuperSport.com

Wolff sells remaining shares in Williams

Toto Wolff has sold his remaining shares in Williams Grand Prix Holdings....
9y ago from Pitpass.com

Mercedes boss sells Williams shares

Mercedes Formula 1 boss Toto Wolff has sold off his remaining shareholding...
9y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Gateway – Race Results

The NTT IndyCar Series made a trip to the St. Louis area for the first...

Kyle Kirkwood earns unlikely IndyCar win under the...

IndyCar’s first night race in multiple years served up the action, as...

Popular On TotalWRC.com

Popular On GunnersToday.com

‘Top player' believes Mikel Arteta will move for...

Arsenal have been linked with a move for the Sporting CP striker Viktor...
33m ago from CaughtOffside.com

Update: Latest info on 75m striker as more clubs rival...

The Viktor Gyokeres transfer saga continues to prove a complicated one,...
1h ago from CaughtOffside.com

'That’s going to play a part': Arsenal want...

Crystal Palace defender Marc Guehi has been linked with a move away from...
2h ago from CaughtOffside.com

Arsenal ready to beat Barcelona to key signing by...

Arsenal are reportedly keen to beat Barcelona in signing Athletic Bilbao...
2h ago from SportsKeeda.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.