News Details

Wolff sells portion of Williams shares

– Mercedes boss Toto Wolff has sold a stake of his Williams shares to an American healthcare entrepreneur.Since joining Mercedes at the beginning of last year, Wolff had been looking to sell his 15 per cent share in Williams, and has now released a five per cent portion to Brad Hollinger, who heads up Vibra Healthcare.Should he wish to do so, Hollinger has an option to take up the remaining 10 per cent later this year.Wolff said the selling of his shares was vital to Mercedes' parent company, Daimler, for "conflict of interest" and "compliance" reasons, but says it took time to find somebody suitable for the Williams brand and family."I think Formula 1 is...
Full Story »
1y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Wolff sells part share of Williams stake

Toto Wolff Williams has a new co-owner with five per cent of the stake...
1y ago from GrandPrix247.com

Wolff shares doubts over F1 weekend shakeup proposals...

Mercedes boss Toto Wolff has shared his doubts over plans to cut the...
1y ago from RichlandF1.com

Wolff confirms Hamilton and Rosberg have two year...

Toto Wolff with Lewis Hamilton and Nico Rosberg Lewis Hamilton and Nico...
1y ago from GrandPrix247.com

Wolff doubts Friday changes are right thing

– Mercedes boss Toto Wolff has said Formula 1 should stick with its...
1y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Randy Mamola: Rossi and Vinales, the friendship with...

In his latest Motorsport.com column, former 500cc star Randy Mamola...
9h ago from Motorsport.com

Iannone loses Ducati ride, Dovizioso extends contract

Ducati have decided to part ways with Andrea Iannone to make room for...
10h ago from SuperSport.com

Iannone fastest in free practice in Italy

Italy's Andrea Iannone of Ducati posted the fastest time following the...
10h ago from SuperSport.com

Opinion: Yamaha's engine failures a recurring issue

Yamaha suffered two high-profile engine blow-ups during the most recent...
1d ago from Motorsport.com

Popular On IndyCarToday.com

Stefan Wilson: “Thanks to everyone for their...

In his final Indy 500 column for Motorsport.com, Stefan Wilson thanks the...
1h ago from Motorsport.com

Rossi earns $2.5m for Indy 500 win

Andretti Autosport’s Alexander Rossi earned $2,548,743 from an overall...
10h ago from Motorsport.com

Video: Race highlights of the 100th Indianapolis 500

Watch video highlights of last Sunday’s Indianapolis 500, the 100th...

Video: Indianapolis 500 race highlights

No description available...
11h ago from GPUpdate.net

Popular On TotalWRC.com

New Citroën leaves drivers grinning

Meeke, Breen and Lefebvre left with banana smiles
14h ago from WRC.com

Debut date set for new Hyundai

Advertising The Dutchman, who has conducted all the car’s testing this...
11h ago from WRC.com

Available now: WRC Regroup podcast

New edition available to download
1d ago from WRC.com

Lydden WRX: Solberg leads Day 1 as Loeb hits trouble

Reigning World Rallycross Champion Petter Solberg leads the way after the...
3d ago from Motorsport.com

Popular On GunnersToday.com

Arsenal's bitter rivals set to ruin transfer plans...

Ajax youngster Riechedly Bazoer is coming off a superb season for the...
5h ago from CaughtOffside.com

German Reports: Arsenal Have Made ‘Lucrative...

Arsenal have made a ‘lucrative offer' to sign a Borussia Dortmund...
3h ago from FreshArsenal.com

5th-best player going to Euro 2016 is James Milner and...

An official UEFA ranking tool claims that, of all the players going to...
2h ago from CaughtOffside.com

Deal Close: Arsenal Set To Sign Impressive £19million...

Arsenal are believed to be closing in on the signing of a new left-back....
4h ago from FreshArsenal.com

Comments

Hottest News

Ericsson crashed deliberately in Monaco

A Brazilian F1 correspondent claims Sauber driver... Read More »
13h ago from ThisIsF1.com

Ferrari in crisis trumpet Italian media

Ferrari has gone from targeting Formula 1 title... Read More »
15h ago from GrandPrix247.com

Kvyat considering Red Bull exit

Toro Rosso driver Daniil Kvyat has confirmed that... Read More »
11h ago from PlanetF1.com

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.