Toto Wolff open to selling part of Mercedes
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The valuation placed on Formula 1 team Mercedes after co-owner Toto Wolff’s interest in reducing his stake will have a welcome impact on the overall worth of the sport, experts have suggested. Wolff co-owns the outfit – officially titled Mercedes AMG Petronas F1 Team – equally with the eponymous German car manufacturer and Ineos billionaire
Toto Wolff is in talks to sell a portion of his 33 per cent Mercedes stake — valuing the team at a record AUD $9 billion.
Mercedes boss Toto Wolff doesn't believe Max Verstappen can still keep McLaren duo Lando Norris and Oscar Piastri from the 2025 Formula 1 title after falling 49 points behind following Brazil.
Mercedes team principal Toto Wolff declared Max Verstappen’s chances of winning the 2025 Formula 1 championship are effectively over after a huge points gap emerged late in the season.