News Details

Wolff looked into buying Toro Rosso

Toto Wolff turned down Dietrich Mateschitz when the Red Bull magnate offered to sell him Toro Rosso. Wolff, who subsequently bought into Williams and is now Mercedes' new co-owner and motor sport director, said billionaire Mateschitz made the approach in 2009. "One day, Dietrich Mateschitz landed by helicopter and offered to sell me Toro Rosso," Austrian Wolff told the French news agency AFP. "With my company in Vienna, we analysed the business model of Toro Rosso, but having a private team doesn't work when you compare it to the hundreds of millions of euros spent by the manufacturers," he said.
Full Story »
12y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Wolff looked into buying Toro Rosso

By Editor on Friday, May 10, 2013 Toto Wolff turned down Dietrich...
12y ago from F1Zone.net

Wolff: Mercedes will be given time

Mercedes motorsport boss Toto Wolff has insisted the team will continue...
12y ago from Crash.net

F1 2013 – Wolff: Confident with what he sees at...

Mercedes motorsport director Toto Wolff says he is “confident” in what...
12y ago from F1.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin set to return at Czech MotoGP weekend...

Reigning MotoGP champion Jorge Martin is set to return to action at the...
20h ago from MotorsportWeek.c...

Maverick Vinales: ‘It was a big mistake’ to reject...

Maverick Vinales admitted it was a “big mistake” to reject offers...

Popular On IndyCarToday.com

Scott Dixon bet on two stop strategy after he saw...

Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...

IndyCar Mid-Ohio – Race Results

IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Fabrizio Romano confirms 'green light' for Arsenal to...

Fabrizio Romano has confirmed that Noni Madueke to Arsenal is now 'here we...
59m ago from CaughtOffside.com

'About to go to a new level' – Despite Arsenal...

You'll likely have seen by now that Arsenal are closing in on Noni...
9m ago from CaughtOffside.com

“They keep describing this as a welcome to the...

Christian Norgaard has revealed that Arsenal captain Martin Odegaard and...
9m ago from SportsKeeda.com

Arsenal's stance on contract talks for breakout star...

Arsenal are reportedly confident that Ethan Nwaneri will sign a new...
10h ago from SportsKeeda.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.