{"id":83742,"date":"2025-11-20T23:18:38","date_gmt":"2025-11-21T03:18:38","guid":{"rendered":"https:\/\/alofokedeportes.com\/en\/sin-categoria\/wolff-sells-part-of-mercedes-to-billionaire-new-era-in-formula-1\/"},"modified":"2025-11-20T23:18:38","modified_gmt":"2025-11-21T03:18:38","slug":"wolff-sells-part-of-mercedes-to-billionaire-new-era-in-formula-1","status":"publish","type":"post","link":"https:\/\/alofokedeportes.com\/en\/f1\/wolff-sells-part-of-mercedes-to-billionaire-new-era-in-formula-1\/","title":{"rendered":"Wolff Sells Part of Mercedes to Billionaire: New Era in Formula 1"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Toto Wolff Sells Part of His Stake in Mercedes to an American Billionaire<\/h2>\n\n\nMercedes boss Toto Wolff has sold 15% of his stake in the Formula 1 team to American billionaire George Kurtz.\n\nWolff, who owns a third of Mercedes, will continue to serve as CEO and team principal. He is currently in Las Vegas for this weekend&#8217;s race.\n\nThe 53-year-old Austrian will receive around \u00a3230 million ($300 million) with the sale, in a deal that values Mercedes at \u00a34.57 billion ($5.97 billion), a record for an F1 team.\n\nKurtz, the CEO and founder of the cybersecurity company Crowdstrike, which currently sponsors Mercedes, becomes a co-owner of the team through the acquisition of Wolff&#8217;s minority stake, raising his stake to 5%.\n\nKurtz also joins the team&#8217;s strategic steering committee along with Mercedes group chairman Ola Kallenius and Ineos boss Sir Jim Ratcliffe.\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/a3.espncdn.com\/combiner\/i?img=%2Fphoto%2F2025%2F1120%2Fr1578392_1296x729_16%2D9.jpg\" alt=\"\" title=\"\"><\/figure>\n\n\nMercedes boss and team director, Toto Wolff, has sold 15% of his stake.\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n\n<p>George&#8217;s history is unusual in its breadth: he is a runner, a loyal Mercedes-AMG sports ambassador, and an exceptional entrepreneur.<\/p>\n\n<cite>Toto Wolff<\/cite>\n<\/blockquote>\n\n\nWolff, who oversaw six of Lewis Hamilton&#8217;s seven world championships, said: &#8220;George understands both the demands of racing and the realities of building and scaling technology businesses. That combination brings a specific vision that is increasingly relevant to the future of Formula One.&#8221;\n\nMercedes won eight consecutive constructors&#8217; world championships between 2014 and 2021. They are currently in second place in the standings with three rounds remaining.\n\nGeorge Russell has won two races so far this year.\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n\n<p>Winning in racing and cybersecurity requires speed, precision, and innovation. Milliseconds matter. Execution counts. Data wins.<\/p>\n\n<cite>George Kurtz<\/cite>\n<\/blockquote>\n\n\nKurtz stated: &#8220;Technology is reshaping competitive advantage and human capability everywhere, including motorsport. I am excited to help the team accelerate safely.&#8221;","protected":false},"excerpt":{"rendered":"<p>Toto Wolff Sells Part of His Stake in Mercedes to an American Billionaire Mercedes boss Toto Wolff has sold 15% of his stake in the Formula 1 team to American billionaire George Kurtz. Wolff, who owns a third of Mercedes, will continue to serve as CEO and team principal. He is currently in Las Vegas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":83743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[657,10471,441,4201],"class_list":{"0":"post-83742","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-f1","8":"tag-f1","9":"tag-george-kurtz","10":"tag-mercedes","11":"tag-toto-wolff"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts\/83742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/comments?post=83742"}],"version-history":[{"count":0,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts\/83742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/media\/83743"}],"wp:attachment":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/media?parent=83742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/categories?post=83742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/tags?post=83742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}