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Mercedes F1 boss Wolff buys shares in Aston Martin
Mercedes boss Toto Wolff has bought a stake in British luxury sportscar firm Aston Martin ahead of its return to the Formula 1 grid next year. It is understood that Wolff’s personal investment is around the region of £37million, equivalent to a 4.77%, though that will be diluted down to 0.95% next week after a pending rights issue. Wolff, who is out of contract at the end of the year, has been linked with a role at Aston Martin due to his friendship with Canadian business Lawrence Stroll, who owns the Racing Point team that enjoys a close alliance with Mercedes. Stroll recently became the new CEO of Aston Martin after rescuing the struggling firm in a £536million deal, underpinned by...
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