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Wolff repurchases stake in former team Williams
Mercedes boss Toto Wolff has made more market moves after repurchasing a five per cent stake in his former team Williams. Wolff, already a shareholder at Mercedes and now also at Aston Martin after recently making an investment in the company following a takeover from his good friend Lawrence Stroll, has now re-added Williams back to his business portfolio. The news comes in the wake of Williams undergoing a formal sales process, essentially making them open to offers, whether that is through a minority stake, a majority stake, or a full takeover of the company. But, in what has been described as a ‘security' investment, Wolff has reacquired a five per cent stake in the team where he...
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5y ago from PlanetF1.com
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