Mercedes, Toto Wolff to sell part of his stake: team valued at 6 bn
The deal, anticipated by Sportico and the Financial Times, would lead to the highest valuation in history for a motor racing stable
Big manoeuvres in Formula 1: Mercedes team principal, Austrian Toto Wolff, is in advanced talks to sell part of his stake in the German team as part of a deal that would value the team at a record $6 billion, according to reports in Sportico and the Financial Times.
Wolff, Mercedes-Benz and Ineos each currently hold 33 per cent of the shares. Mercedes said it would not make any statement on the news, but added that 'the governance of the team will remain unchanged and all three partners are fully committed to the continued success of Mercedes-Benz in Formula 1'.
Reports indicate that the Austrian, who holds the role of team principal and head of the Mercedes racing department, is planning to involve an outside investor in the holding company that owns his stake. The investor, not yet identified, would end up acquiring a stake of around 5% in the team, with Wolff retaining his role.
Sportico spoke of a 'mid-single-digit share'. Mercedes has won eight consecutive constructors' titles from 2014 to 2021 and is second in the 2025 standings after 21 of the 24 World Grand Prix. McLaren, a British team using Mercedes engines, won the constructors' title for the second year running and looks set to add the drivers' title as well.
Last September Mumtalakat, a Bahraini fund, and Abu Dhabi's CYVN Holdings acquired full ownership of McLaren Racing in a deal that, according to an informed source, valued the world champion team at $5 billion. If Wolff succeeds in the deal, the 'Three-pointed Star' would be the protagonist of a memorable overtaking move.
