News Details

Wolff ‘surprised' by soaring Mercedes valuation

Nov.28 Toto Wolff says he was shocked by how much Mercedes' value has exploded – but insists selling a slice of his stake doesn't mean he's stepping away. The Mercedes CEO and team boss recently sold 15 percent of his holdings to CrowdStrike founder George Kurtz, trimming his share from 33 to 28 percent. But Wolff told reporters he remains fully committed. 'I have no intention of selling the team and I have no intention of stepping down,' he said. 'I'm in a great place, enjoying it. As long as I feel I'm contributing – and others feel the same – there's no reason to think in that direction.' Wolff said the sale was simply a strategic partnership. 'What I did was sell...
Full Story »
Share

You May Also Be Interested In...

Wolff: Mercedes team $6B valuation ‘the work of many...

©Mercedes Phillip van Osten 21/11/2025 at 13:0821/11/2025 at 12:48 40...
8mo ago from F1i.com

Kurtz not positioning to be Wolff successor

Nov.21 Mercedes boss Toto Wolff has sold part of his one-third stake in...
8mo ago from OneStopStrategy.com

Toto Wolff clarifies Mercedes F1 future after selling...

Mercedes F1 boss Toto Wolff has revealed whether he will sell further...
8mo ago from MotorsportWeek.com

Norris fined for post-race F-bomb after Vegas GP

Nov.26 Championship leader Lando Norris has been fined for swearing in...
8mo ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Yamaha selects new crew chief to aid Jorge Martin's...

Yamaha has selected David Munoz, currently Alex Rins' crew chief, to work...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Sami Pajari does the double at home

Sami Pajari and Marko Salminen claimed back-to-back victories at home on...
21h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Mikel Arteta makes promise to Real Madrid ace Vinicius...

Arsenal manager Mikel Arteta has made a direct pitch to Real Madrid...
51m ago from SportsKeeda.com

Arteta sends clear message to Vinícius Júnior ahead...

Arsenal are stepping up their attempt to land one of world football’s...
51m ago from CaughtOffside.com

Tzolis unfazed by Vini Jr rumours as fitness champion...

At Arsenal, there is an excitement about whether Vinicius Jr could sign...
41m ago from SkySports.com

‘It’s my time’: Christos Tzolis fighting fit for...

£34m signing from Club Brugge says he is a more complete player now...
41m ago from TheGuardian.com

Comments

Hottest News

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.