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
Francesco Bagnaia ‘surprised but happy’ ahead of...
Francesco Bagnaia admitted he was “surprised but happy” about the...
1d ago from MotorsportWeek.c...
Fabio Quartararo reveals Yamaha is still “missing...
Fabio Quartararo revealed Yamaha was still “missing quite a lot” from...
2d ago from MotorsportWeek.c...
Why the numbers show Aprilia’s threat to Ducati is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
3d ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
1w ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
On this day in 1995, Colin McRae became the UK’s...
No description available...
1d ago from Motorsport.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
4d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
“Hahahaha Kill me,” “Had enough” - Arsenal...
Arsenal fans on X are unhappy with manager Mikel Arteta’s decision to...
1h ago from SportsKeeda.com
Arsenal v Tottenham: Premier League – live
t;li>Minute by minute updates on the north London derbyAny notes or...
2h ago from TheGuardian.com
Arsenal v Sp*rs – live blog
Join us for live blog coverage of our Premier League clash at home to...
2h ago from Arseblog.com
Sources: Man United & Arsenal target midfielder...
Scott McTominay’s resurgence at Napoli under Antonio Conte has not gone...
7h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin issue emotional statement as star officially...
Aston Martin F1 team issued an emotional... Read More »
30m ago from GPFans.com
Adjusted 2025 F1 championship standings after double...
Check out the full F1 championship standings... Read More »
8h ago from RacingNews365.com
F1 presenter forced to apologise live on air after X-RATED...
Lando Norris' comments after the Las Vegas Grand... Read More »
4h ago from GPFans.com
