Toto Wolff ‘in advanced talks’ to sell part of Mercedes F1 team to mystery bidder in £4.5BILLION deal

Toto Wolff ‘in advanced talks’ to sell part of Mercedes F1 team to mystery bidder in £4.5BILLION deal

TOTO WOLFF is in talks to sell a portion of his 33 per cent Mercedes stake — valuing the team at a record £4.5 billion. It surpasses the £3.5bn cost figure indicated for McLaren last month, following a change in their ownership structure. Austrian Wolff, 53, is expected to remain as Mercedes’ CEO and team principal,… Creator – [#item_custom_dc:creator]

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