News Details
Wolff explains personal Aston Martin investment
Mercedes boss, Toto Wolff, has explained why he recently bought shares into luxury British carmaker Aston Martin. Motorsport.com first reported in April that Wolff had purchased a 4.77% stake, but a rights issue will dilute it to make it worth 0.95% of the company. That news, of course, created a fresh wave of rumours that this was the clearest sign yet that Wolff would be leaving Mercedes to join forces with his good friend Lawrence Stroll when Aston Martin officially rejoin the Formula 1 grid as a works team in 2021. Wolff, though, has given the real reasoning behind his investment. 'The stocks are very low right now and the new product line is great,' Wolff told Austrian paper...
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4y ago from PlanetF1.com
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