News Details
Toto Wolff contemplates selling stake in Mercedes F1 Team
Toto Wolff has become nearly synonymous with the Mercedes Formula One project since he invested in the organisation and assumed the role of team principal back in 2013. However, with his 33 per cent stake in the team now valued at an estimated £1 billion ($1.26 billion), the time may have come for the Austrian to consider stepping away and selling up. The 52-year-old joined Mercedes over a decade ago, relinquishing his shares in F1 rivals Williams to become a director at the Silver Arrows. Wolff parted with a substantial eight-figure sum to acquire his stake in the team, and that investment has since propelled his personal net worth into the billions. READ: Eddie Jordan and David...
Full Story »
Full Story »
1y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Wolff: Mercedes must be ‘realistic' on beating...
Mercedes Team Principal and CEO Toto Wolff admits that 'we hate losing,...
1y ago from MotorsportWeek.com
Wolff reassures Mercedes fans: 'I will always remain...
In the off-season, Mercedes' focus was on developing an entirely new...
1y ago from GPBlog.com
Hamilton: We’ve found our North Star with the...
Lewis Hamilton is happy with the design philosophy of Mercedes' 2024...
1y ago from GrandPrix247.com
Jordan casts doubt on Russell’s suitability to lead...
Ex-Formula 1 team owner Eddie Jordan has cast doubt on George Russell’s...
1y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Pirelli to hold first MotoGP test in Misano with test...
No description available...
13h ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
15h ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
4d ago from Motorsport.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Kirkwood relieved to be rid of ‘street course...
Until this weekend at World Wide Technology Raceway, all of Kyle...
11h ago from MotorsportWeek.c...
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
1d ago from Motorsport.com
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
15h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
3d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
19-year-old star ready to join Liverpool despite...
Ajax star Jorrel Hato is open to a move to Premier League champions...
7h ago from SportsKeeda.com
Arsenal dealt blow as multiple SPL sides, including...
As per reports, Arsenal are set to face stiff competition from Cristiano...
8h ago from SportsKeeda.com
Report: Arsenal have tabled biggest contract offer to...
Nico Williams is keeping the door open for a dream move to Barcelona, even...
11h ago from FreshArsenal.com
'I’d be in his bed, I’d be in his front room' -...
Rio Ferdinand has urged Viktor Gyokeres to force a transfer away from...
10h ago from SportsKeeda.com
Comments
Hottest News
Shovlin: Mercedes had known that 'some of the circuit...
Mercedes' trackside engineering director Andrew... Read More »
3h ago from F1Technical.net
Sky Sports' David Croft snaps back at 'ridiculous' F1 fan...
Sky Sports F1 commentator David Croft has slammed... Read More »
7h ago from GPFans.com
F1 Canadian Grand Prix 2025 results: Final classification...
The FIA have confirmed the final classification... Read More »
21h ago from GPFans.com
