Toto Wolff in talks to sell some Mercedes F1 shares, valuing team at $6bn
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Toto Wolff is in discussions to sell part of his Motorsport Investment Ltd holding company, equivalent to a sale of 5% of Mercedes F1 team shares, which would value the team at a record $6bn.
As first reported by sports business website Sportico, the sale is understood to be at an advanced stage as Wolff looks set to offload shares in his holding company, which owns one third of the shares in ...Keep reading
As first reported by sports business website Sportico, the sale is understood to be at an advanced stage as Wolff looks set to offload shares in his holding company, which owns one third of the shares in ...Keep reading