News Details
Mercedes' Wolff reportedly invests in Williams!
Mercedes F1 boss Toto Wolff has reportedly acquired a 5 per cent stake in Williams, the beleaguered team in which the Austrian was once a shareholder. The information comes courtesy of veteran F1 journalist and once Williams team manager Peter Windsor, although it's unclear on what the British reporter had based his affirmation. Williams is a publicly traded company, so it's possible that Wolff's holding was divulged in a regulatory filing. But the stake may have also resulted from the exercise of options held by Wolff since his days as a shareholder. Williams was originally Wolff's pipeline into F1, with the Austrian previously holding a 30 per cent stake in the Grove-based company which...
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