News Details

Mercedes boss sells Williams shares

Mercedes Formula 1 boss Toto Wolff has sold off his remaining shareholding in the Williams team. The Austrian first became a shareholder in Williams in 2009 but has been slowly reducing his links since the start of his involvement with Mercedes in 2013. Wolff's shares, a little under 5%, have been bought by US businessman Brad Hollinger, whose stake rises to 15%. Healthcare entrepreneur Hollinger first bought into the team in 2014 but has no formal management role at this stage. Wolff, who agreed with Mercedes when he became its F1 boss that he would work towards ending his involvement with Williams, said: "I am surprised how emotional I am about this day, to be cutting my final...
Full Story »
9y ago from BBC.co.uk 0
Share

You May Also Be Interested In...

Wolff sells remaining stake in Williams F1 team to...

Mercedes boss Toto Wolff has divested the remaining stake he had in the...
9y ago from Motorsport.com

Wolff: Radio ban to 'intensify' Mercedes battle

– Mercedes motorsport boss Toto Wolff reckons Formula 1's radio...
9y ago from GPUpdate.net

Mercedes: Nothing is won yet

Mercedes insists that rival Formula 1 teams are getting ahead of...
9y ago from Motorsport.com

Mercedes not getting carried away by rival praise -...

Mercedes motorsport boss Toto Wolff isn't getting carried away with...
9y ago from GrandPrixTimes.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin reveals what’s ‘really difficult’...

Jorge Martin admits it was “really difficult” to make changes aboard...

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

'We’ll see a side of him we’ve not seen' - Theo...

Theo Walcott has suggested that Arsenal captain Martin Odegaard needed a...
56m ago from SportsKeeda.com

Report: Arsenal target does not intend to renew his...

Arsenal are reportedly interested in signing the Real Madrid attacker...
2h ago from CaughtOffside.com

In-form Kane gears up for a return to North London...

Sky Sports reporter Dharmesh Sheth gives a preview for Bayern Munich's...
4h ago from SkySports.com

Chelsea legend John Terry names only club that can...

Premier League Hall of Famer John Terry believes Chelsea can challenge...
4h 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.