News Details
Wolff buys £37 million stake in Aston Martin
Mercedes Formula 1 team boss Toto Wolff has bought a £37 million stake in British sportscar company Aston Martin, though he remains fully committed to his role at Mercedes. The investment comes after Racing Point owner Lawrence Stroll, a close friend of Wolff, took a 25 per cent stake in Aston Martin, taking up the role of executive chairman and will bring the brand back to F1 next season. That led to speculation Wolff would consider a management role at the new team, but that has repeatedly been denied. This week though it was confirmed Wolff acquired a 4.77 per cent stake in the manufacturer for £37m – though this is set to drop to just below 1 per cent following a rights issue next...
Full Story »
Full Story »
4y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Toto Wolff takes personal stake in Aston Martin!
Mercedes motorsport boss Toto Wolff has acquired a stake in Aston Martin,...
4y ago from F1i.com
Wolff purchases stake in Aston Martin
Toto Wolff has officially bought shares in Aston Martin, it was reported...
4y ago from GrandPrix247.com
Remarkable: Wolff becomes an investor in Aston Martin...
Last month there were a lot of rumours that Toto Wolff might leave as...
4y ago from GPBlog.com
Wolff buys Aston Martin stake
Mercedes team boss, Toto Wolff has bought a stake in Aston Martin worth an...
4y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia: Misano MotoGP crash ‘out of...
Ducati’s Francesco Bagnaia says that his crash at his home MotoGP race...
1h ago from MotorsportWeek.c...
Why it’s time for Martin to get his gloves off in...
No description available...
33m ago from Motorsport.com
Bagnaia: “Strange” Michelin rear tyre didn’t...
No description available...
1h ago from Motorsport.com
Popular On IndyCarToday.com
FBI descend on Rahal Letterman Lanigan Racing base
According to multiple reports, the Federal Bureau of Investigation (FBI)...
2d ago from MotorsportWeek.c...
Rahal Letterman Lanigan investigated by the FBI: What...
No description available...
3d ago from Motorsport.com
Felipe Drugovich granted IndyCar test with Chip...
2022 FIA Formula 2 World Champion Felipe Drugovich has landed an NTT...
2d ago from MotorsportWeek.c...
2022 F2 champ Drugovich testing with Ganassi later...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Inside the WRC’s search for its next Michele Mouton
No description available...
2d ago from Motorsport.com
WRC selects women’s driver development programme...
No description available...
4d ago from Motorsport.com
No pressure on Pajari after surprise Toyota Rally1...
No description available...
1w ago from Motorsport.com
Latvala: Toyota needs three full-time WRC drivers in...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“The two best teams in the country” - Gary Neville...
No description available...
8h ago from SportsKeeda.com
Rodri injury: What is Man City's record without star...
Sports Mole takes a closer look at Man City's record without star...
1h ago from SportsMole.co.uk
'A real coward's move' – Ian Wright fires shots at...
No description available...
23m ago from SportsKeeda.com
Guardiola names area Arsenal are 'stronger' than City,...
Manchester City manager Pep Guardiola has admitted that Arsenal are...
1h ago from CaughtOffside.com
Comments
Hottest News
Ricciardo F1 career NOT over as opportunities prepare to...
It wasn’t quite so obvious in Singapore, but... Read More »
1h ago from GPFans.com
Horner reveals shock Red Bull driver TARGET amid poor Perez...
Christian Horner has admitted a ‘foolish’ Red... Read More »
5h ago from GPFans.com
Norris reacts to Ricciardo’s fastest lap after McLaren...
Lando Norris did not secure an extra point for... Read More »
1h ago from RacingNews365.com
