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
MotoGP Austrian GP: Marc Marquez beats brother Alex in...
No description available...
8h ago from Motorsport.com
Injured Maverick Vinales to miss MotoGP Hungarian GP...
No description available...
6h ago from Motorsport.com
Pecco Bagnaia just can’t explain nightmare gremlins...
No description available...
6h ago from Motorsport.com
Marc Marquez strikes back to take Austrian MotoGP...
Marc Marquez continued his dominance in Saturday afternoon races by...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Strongest season yet for Pato O’Ward has been...
Pato O’Ward is having the best IndyCar season of his career, and is...
10h ago from MotorsportWeek.c...
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
2d ago from MotorsportWeek.c...
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
3d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
4d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Situation ‘one to watch' as rivals plot late...
Arsenal attacker Leandro Trossard has been linked with a move away from...
3h ago from CaughtOffside.com
Crystal Palace interested in 25-year-old Arsenal star...
Crystal Palace are reportedly interested in signing Arsenal star Jakob...
9h ago from SportsKeeda.com
Arteta's press conference snippets : Extra Saturday...
Morning, a quick Saturday round-up for you. Mikel Arteta held his first...
14h ago from Arseblog.com
'I haven't fulfilled my dreams here yet' | Bruno's...
Manchester United captain Bruno Fernandes discusses leadership groups,...
12h ago from SkySports.com
Comments
Hottest News
F1 champion shocked as footage emerges of near crash with a...
Most F1 drivers would remember coming into... Read More »
1h ago from GPFans.com
Christian Horner mercilessly trolled online after Max...
Language learning app Duolingo have trolled... Read More »
3h ago from GPFans.com
Daniel Ricciardo taken to hospital as Ferrari make Lewis...
Check out the biggest stories from Saturday,... Read More »
2h ago from RacingNews365.com
