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...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Wolff says Hamilton to Aston Martin rumours 'nonsense'
Apr.27 Toto Wolff insists his new involvement with Aston Martin is a...
5y ago from OneStopStrategy.com
Aston Martin receives £37m investment from Toto Wolff
Mercedes team principal Toto Wolff has purchased a £37 million stake in...
5y ago from GPFans.com
Stroll: Aston Martin will be 'highly competitive' in F1
Racing Point F1 owner Lawrence Stroll has taken charge as Aston Martin's...
5y ago from F1i.com
Racing Point boss targets Aston Martin F1 win battles...
Aston Martin should be in a position to compete for Formula
1 victories...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
12m ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
18h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
22h ago from Motorsport.com
VR46 looking for mix of experience and youth in 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
13h ago from MotorsportWeek.c...
Takuma Sato set for Indy 500 return with Rahal...
No description available...
14h ago from Motorsport.com
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
19h ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Premier League club could demand “in excess” of...
Manchester United and Arsenal are both looking to strengthen their...
42m ago from CaughtOffside.com
Report: La Liga giants closely monitoring attacking...
Atlético Madrid are reportedly assessing potential moves for Arsenal...
32m ago from CaughtOffside.com
‘Might not get a game now' – Ferdinand...
Manchester United legend Rio Ferdinand believes Max Dowman could bench...
1h ago from CaughtOffside.com
Report: New club joins race for soon-to-be free agent...
The race to sign Leon Goretzka is heating up ahead of the summer transfer...
3h ago from CaughtOffside.com
Comments
Hottest News
George Russell linked with $300m move away from Mercedes to...
An astonishing transfer claim has been made about... Read More »
1h ago from GPFans.com
Haas announce 'groundbreaking' partnership with iconic film...
One of the biggest film characters of all-time is... Read More »
52m ago from RacingNews365.com
Peter Bonnington says it is chalk & cheese comparing work...
Mercedes race engineer Peter Bonnington, aka... Read More »
22m ago from GrandPrix247.com
