Toto Wolff in Talks to Sell Stake in Mercedes as Team Sees £4.6 Billion Valuation.
Astonishingly, Mercedes Formula One team principal and CEO Toto Wolff is said to be engaged in negotiations to sell a chunk of his stake in the team, with Sky Sports News claiming that a five per cent share could fetch around £230 million, valuing the entire outfit at £4.6 billion.
The 53-year-old, who owns approximately one-third of the Mercedes F1 shares, appears willing to part ways with the bulk of his stake while retaining roughly 28 per cent. This move seems likely to have significant repercussions on the team's future direction and leadership structure.
The sale would be a substantial increase in value since INEOS took control for £208 million last year. The deal's completion would also bring about some changes in governance, as Mercedes has insisted that the existing partnership structure will endure despite the change in ownership.
Astonishingly, Mercedes Formula One team principal and CEO Toto Wolff is said to be engaged in negotiations to sell a chunk of his stake in the team, with Sky Sports News claiming that a five per cent share could fetch around £230 million, valuing the entire outfit at £4.6 billion.
The 53-year-old, who owns approximately one-third of the Mercedes F1 shares, appears willing to part ways with the bulk of his stake while retaining roughly 28 per cent. This move seems likely to have significant repercussions on the team's future direction and leadership structure.
The sale would be a substantial increase in value since INEOS took control for £208 million last year. The deal's completion would also bring about some changes in governance, as Mercedes has insisted that the existing partnership structure will endure despite the change in ownership.
, can you believe Toto Wolff is considering selling a big chunk of his stake in Mercedes? £4.6 billion valuation is crazy 
! It's like, what's next for F1? Will Lewis Hamilton still be driving with this new ownership structure? 
Interesting how the team's direction and leadership might change after this deal goes through 
Just thinking about Toto Wolff selling his stake in Mercedes is making my head spin! Like, 4.6 billion valuation? That's wild, right? 
! I mean, think about it - £4.6 billion valuation is insane, but if he's willing to let go of most of his shares, maybe he'll have more time to focus on the things that really matter to him? Like, who knows, maybe he'll be able to help the team even more from a different angle 
! The governance changes might bring some fresh perspectives too - it's like, new eyes on old problems 
. And let's not forget, £230 million for just 5% of the team is crazy rich 
! Whoever ends up buying this stake is gonna have an amazing deal 
!
but valuations are always sketchy anyway - £4.6 billion seems way too high for me 
. Toto Wolff's decision to sell a chunk of his stake in Mercedes could be a game-changer for F1. I mean, £4.6 billion valuation is massive 
One thing's for sure, it'll be interesting to see how they adapt and navigate these changes 
!
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. This is all about the Benjamins for Wolff, not about preserving the team's legacy or its people 
. Not cool, Toto, not cool at all 
£4.6 billion is insane! I wonder what made him decide to sell though? Is he getting too old for the whole F1 thing or did INEOS offer him some decent cash out?
Guess I'm just confused now...
But it also raises questions about the future direction of the team and leadership structure. Will they keep their current approach or go for a new vision? 
! Sky Sports saying £230 million for 5% stake is kinda low, if you ask me 