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
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
8h ago from Motorsport.com
Maverick Vinales undergoes shoulder surgery to remove...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
1d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
2d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
3d ago from Motorsport.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...
1d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
3d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
50 La Liga gem attracting serious attention as Arsenal...
Arsenal remain interested in signing the Real Madrid defender Victor...
1h ago from CaughtOffside.com
Former Arsenal star William Gallas boldly claims...
William Gallas doesn't believe Arsenal will win a treble this season. He...
2h ago from SportsKeeda.com
FA Cup talking points: Dowman in spotlight, how strong...
No description available...
2h ago from SkySports.com
Episode 870 – Gyok ‘n' roll
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
3h ago from Arseblog.com
Comments
Hottest News
Max Verstappen makes new Nurburgring announcement after F1...
Max Verstappen is set to return to the iconic... Read More »
1h ago from GPFans.com
F1 viewers down on 2025 after Japanese Grand Prix
F1 viewership figures from across Europe after... Read More »
48m ago from GPFans.com
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
1d ago from GrandPrix247.com
