News Details
Wolff purchases stake in Aston Martin
Toto Wolff has officially bought shares in Aston Martin, it was reported on Friday. Per motorsport.com, Wolff has made the 'personal investment' of a 4.77% stake in the Lawrence Stroll-owned company, which will be diluted to 0.95% after a rights issue to happen next week. The value of the near-1% stake is estimated to be $46 million. As to Wolff's fate with the Silver Arrows, a team spokesperson has stated that 'Toto's partnership and executive role with Mercedes are unaffected by the transaction.' With his current contract as Mercedes team principal set to expire at the end of the 2020 season, earlier reports of his investment had frequently linked it with a switch to Aston Martin in a...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Wolff buys into Aston Martin
Apr.18 Toto Wolff has bought a stake in Aston Martin. The British car...
5y ago from OneStopStrategy.com
Richards: 'Glad I never entered Formula 1'
David Richards has a rich history in motorsport and is founder of...
5y ago from GPBlog.com
Max Verstappen joins Australian Supercars All Stars...
Max Verstappen will take part in the next round of the BP Supercars All...
5y ago from GPFans.com
Max Verstappen to race today in Australian Supercars...
Max Verstappen will take part in the next round of the BP Supercars All...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
1d ago from MotorsportWeek.c...
Aprilia to run “special test” for Jorge Martin...
No description available...
1d ago from Motorsport.com
Watch: “Feels like yesterday” - Alex Criville...
No description available...
1d ago from Motorsport.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
3d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
2d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Arsenal will sign him because he wants to join them'...
Sky Sport journalist Gianluca DiMarzio reckons Arsenal will snap up...
3h ago from SportsKeeda.com
Arsenal agree fee for Brentford captain Norgaard
Arsenal have agreed a fee of £10m plus add-ons to sign Brentford...
3h ago from SkySports.com
Arsenal make decision regarding Thomas Partey's future...
According to a report by Fabrizio Romano, Arsenal have decided to let...
5h ago from SportsKeeda.com
Fabrizio Romano names Arsenal star who is ‘set...
Arsenal are preparing for life without Thomas Partey, with the Ghanaian...
7h ago from CaughtOffside.com
Comments
Hottest News
Sergio Perez confirms long-standing rumour over Max...
Sergio Perez spent four years at Red Bull... Read More »
5h ago from RacingNews365.com
Photos: Brad Pitt drives McLaren F1 car at COTA
Amid the global release of F1 The Movie,... Read More »
3h ago from GrandPrix247.com
Apple and F1 'in talks' over seismic broadcasting change
Apple and F1 have reportedly opened talks... Read More »
2h ago from GPFans.com
