Toto Wolff in Talks to Sell Mercedes F1 Stake at Record $6 Billion Valuation
Toto Wolff, the highly successful team principal and CEO of the Mercedes-AMG Petronas F1 Team, is reportedly in advanced talks to sell a small part of his one-third ownership stake. The proposed deal values the team at a staggering $6 billion, reflecting the sport’s booming popularity, with CrowdStrike CEO George Kurtz identified as the potential buyer.
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