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
Bagnaia 50-50 on new Ducati MotoGP engine amid...
No description available...
1h ago from Motorsport.com
Aprilia and Michelin at odds over cause of Martin’s...
No description available...
3h ago from Motorsport.com
Morbidelli leads Quartararo on Day 2 of Sepang MotoGP...
No description available...
3h ago from Motorsport.com
Jorge Martin suffers fractures in test crash to cast...
t;li>Aprilia rider hit the track face first as his helmet...
1d ago from TheGuardian.com
Popular On IndyCarToday.com
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
20h ago from Motorsport.com
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
2d ago from MotorsportWeek.c...
Penske President Tim Cindric to reduce leadership role
Team Penske announced on Friday afternoon that long-time President Tim...
5d ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
1w ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal among clubs to make offer for Real...
Real Madrid forward Endrick was reportedly targeted by a long list of...
1h ago from CaughtOffside.com
Goal machine wants PL transfer, Man United have major...
Manchester United co-owner Sir Jim Ratcliffe may not have any final say on...
38m ago from CaughtOffside.com
Newcastle United aim hilarious dig at Arsenal coach...
No description available...
2h ago from SportsKeeda.com
Arsenal 'readying mammoth £100.1m bid' for Mikel...
Arsenal are allegedly prepared to submit a bid of £100m for Inter Milan...
1h ago from SportsMole.co.uk
Comments
Hottest News
Aston Martin unveil STUNNING 2025 car design after Newey...
Aston Martin have unveiled a new challenger for... Read More »
5h ago from GPFans.com
Sainz ‘hair-raising’ confession leaves Williams boss...
Carlos Sainz has officially settled into life at... Read More »
4h ago from F1i.com
Leclerc ends Pirelli tyre test ahead of Hamilton and Piastri
Ferrari driver Charles Leclerc ended the second... Read More »
58m ago from F1Technical.net
