News Details

Toto Wolff emotional after selling last Williams shares

Mercedes AMG Petronas F1 team boss Toto Wolff has sold his final 5% of shares in the Williams to US businessman Brad Hollinger. The Austrian first become invested in Williams in 2009 with a 15% stake in the British team but has slowly reduced his involvement after taking on a senior management role at Mercedes in 2013. Wolff sold on his last 5% of shares in Williams to Hollinger who now takes the second-highest stake in the team with a total of 15%, only behind Sir Frank Williams who holds a 52% stake, while co-founder Sir Patrick Head holds 9%, with 21% listed on the Frankfurt Stock Exchange and 4% held by an employee trust. "I am surprised how emotional I am about this day, to be...
Full Story »
10y ago from Crash.net 0
Share

You May Also Be Interested In...

Wolff sells remaining stake in Williams F1 team to...

Mercedes boss Toto Wolff has divested the remaining stake he had in the...
10y ago from Motorsport.com

Mercedes boss Wolff cuts ties with Williams

Mercedes motorsport head Toto Wolff has sold his remaining stake in the...
10y ago from SuperSport.com

Wolff sells remaining shares in Williams

Toto Wolff has sold his remaining shares in Williams Grand Prix Holdings....
10y ago from Pitpass.com

Mercedes boss sells Williams shares

Mercedes Formula 1 boss Toto Wolff has sold off his remaining shareholding...
10y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Massimo Rivola: Aprilia has become the ‘benchmark’...

Massimo Rivola has admitted that Aprilia has become the current reference...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

From France: Liverpool on alert 2x UCL winner made...

Liverpool are reportedly one of the clubs on alert as Real Madrid look...
3m ago from CaughtOffside.com

Two key stars out for Arsenal, as Arteta confirms...

Arsenal will be up against Sporting CP in the UEFA Champions League...
10h ago from CaughtOffside.com

‘Use that fuel’: Mikel Arteta and David Raya urge...

t;li>Team will not panic in wake of City and Southampton defeatsRaya...
9h ago from TheGuardian.com

Arsenal's injury crisis gives Arteta selection...

Two games, two defeats, two trophies slip out of Arsenal's grasp. If they...
11h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.