News Details
Teams should not dismiss F1 stake offer - Wolff
XPB Images
Mercedes boss Toto Wolff believes Liberty Media's offer to teams to acquire a stake in the sport should not be dismissed without proper consideration. In a move to encourage teams to have a vested interest in Formula 1, Liberty Media has set aside an allocation of shares in its publicly traded entity (worth about $400 million), destined to be offered to the sport's teams at a discount from the stock's quoted price. "This is an idea which one shouldn't dismiss easily," Wolff, a shareholder and team boss of world champions Mercedes, told Austrian magazine Trend. "But in any case one must know more about the business case and our role in the whole...
Full Story »
Full Story »
You May Also Be Interested In...
Toto Wolff: Teams shouldn't dismiss Liberty's Formula...
Mercedes chief Toto Wolff believes that Formula 1 teams should not...
9y ago from MotorsportWeek.com
Wolff: An idea which one shouldn't dismiss easily
Formula 1 teams should consider Liberty Media's invitation to take a...
9y ago from GrandPrix247.com
Marchionne: We are exploring opportunity to buy F1...
Ferrari president Sergio Marchionne confirmed that the company is looking...
9y ago from GrandPrix247.com
Liberty Media share offer, not taken up by F1 teams
F1 teams have rebuffed the chance to become shareholders in the sport, an...
9y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
4h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
22h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d 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 set for Indy 500 return with Rahal...
No description available...
18h ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
18h ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
2h ago from Motorsport.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
Popular On GunnersToday.com
Thierry Henry tips 'oustanding' Arsenal bargain...
Arsenal legend Thierry Henry has backed goalkeeper David Raya to win...
3h ago from CaughtOffside.com
Newcastle rival Arsenal & Manchester City for...
Newcastle United are one of the clubs reported to have set their sights on...
3h ago from CaughtOffside.com
Report: La Liga giants closely monitoring attacking...
Atlético Madrid are reportedly assessing potential moves for Arsenal...
5h ago from CaughtOffside.com
Episode 868: Eze cooks; Rice …
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
3h ago from Arseblog.com
Comments
Hottest News
George Russell linked with $300m move away from Mercedes to...
An astonishing transfer claim has been made about... Read More »
6h ago from GPFans.com
FIA president receives official letter from 20 drivers...
FIA president Mohammed Ben Sulayem has received a... Read More »
3h ago from GPFans.com
Hands-free: Are Fernando Alonso and Lance Stroll at risk in...
Fernando Alonso retired in China with a lack of... Read More »
1h ago from RacingNews365.com
