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Toto Wolff in Talks to Sell Stake in Mercedes F1
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Toto Wolff in Talks to Sell Stake in Mercedes F1
Toto Wolff is currently in discussions to sell a portion of his ownership stake in the Mercedes Formula 1 team. Wolff, who holds 33% ownership and serves as the team’s chief executive and principal, is reportedly finalizing a deal to sell a small portion of his shares to an external investor. Sources indicate that Wolff is in talks to sell between five and 10% of the team, potentially valuing the F1 outfit at approximately £4.5 billion. This tra…
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