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Aston Martin receives £37m investment from Toto Wolff
Mercedes team principal Toto Wolff has purchased a £37 million stake in the Aston Martin brand. While the amount concerned may seem like a large investment, Wolff has purchased a 0.95% stake in Aston Martin, and this is not a move that should be viewed as the first step of his rumoured move to Racing Point, the team that will become Aston Martin, for the 2021 season. Article continues under video In fact, Mercedes and Aston Martin already have a large crossover, with Mercedes parent company Daimler owning a 5% stake in the company without any voting powers. It has been suggested that this new investment could cause a conflict of interests for the Austrian but, with Mercedes supplying...
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5y ago from GPFans.com
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