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
Marco Bezzecchi silences critics to win dramatic...
No description available...
4h ago from Motorsport.com
Ducati's four-year MotoGP podium streak ends in...
No description available...
16h ago from Motorsport.com
Ai Ogura rues missed chance at Thai GP: 'I'm surprised...
No description available...
12h ago from Motorsport.com
Marc Marquez on Thai GP puncture: 'It was like I hit a...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
8h ago from Motorsport.com
How Mick Schumacher's IndyCar debut ended in messy Lap...
No description available...
5h ago from Motorsport.com
Christian Lundgaard leads Arrow McLaren effort with...
No description available...
4h ago from Motorsport.com
Alex Palou wins season opener with largest St. Pete...
No description available...
6h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
3d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 2-1 Chelsea highlights & rate the players
No description available...
4h ago from SkySports.com
Nev: Arsenal face '10 more weeks of pain - but they...
Gary Neville thinks Arsenal will still edge Manchester City to the Premier...
4h ago from SkySports.com
“He’s whinging unnecessarily” - Gary Neville...
Manchester United legend Gary Neville has slammed Chelsea goalkeeper...
6h ago from SportsKeeda.com
Arsenal latest: My heart stopped before Raya's...
No description available...
4h ago from SkySports.com
Comments
Hottest News
How Mercedes finally got Max Verstappen on board
Mercedes have finally managed to get four-time F1... Read More »
6h ago from GPFans.com
Honda 'don't know' if Aston Martin F1 issue can be fixed
Aston Martin's F1 works partner Honda have... Read More »
6h ago from GPFans.com
'He's driven off with a different woman!' F1 fans react to...
Charles Leclerc and Alexandra Saint Mleux got... Read More »
4h ago from GPFans.com
