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Wolff, Lauda to take Mercedes F1 stake
Toto Wolff's move from Williams to Mercedes will see the Austrian take a financial stake in the Brackley-based team as well as inheriting the role of executive director.With Williams having already confirmed Wolff's exit, Mercedes announced the details of his new position at the head of its motorsport arm, revealing that it was part of Daimler's plan to reorganise its F1 activities.The parent company has signed a letter of intent with Wolff, who it describes as an 'investor and motorsport manager', confirming that the Austrian will acquire a significant minority interest in Mercedes-Benz Grand Prix Ltd and will also head that company as its executive director. Wolff will join Ross Brawn...
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