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Wolff joins Mercedes and invests in F1 team
Toto Wolff has become an executive director of the Mercedes Formula One team and is set to become a shareholder. Wolff has left Williams, in which he is also a shareholder, to join Mercedes where he will acquire a "significant minority interest". He will become executive director of Mercedes-Benz Grand Prix Ltd and will complete the F1 team's management line-up alongside Ross Brawn and three-time champion Niki Lauda, who is also set to become a shareholder in the team. Wolff will take over the coordination of all Mercedes-Benz motorsport activities, a responsibility previously held by Norbert Haug. "As an entrepreneur, investor and motorsport manager, Toto Wolff has proven...
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12y ago from espnF1.com
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