F1 » Wolff, Lauda to take Mercedes F1 stake


Mercedes confirms details of Toto Wolff's new position at the head of its motorsport arm

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elijah

January 21, 2013 4:48 PM

How can Wolff retain his 19 per cent stake in the Williams F1 operation, and have a 30 per cent stake in Mercedes' F1 operation. And wife Susie remain on the Grove team's development squad. Without there being a major conflict of interest.

elijah

January 21, 2013 5:27 PM

@Taz ,What do you think is going on here?
At this rate Mercedes and Williams will be getting together before a GP to decide how their drivers will help to boost their respective share price!

Taz

January 21, 2013 5:33 PM

Unless it's to do with engines as someone else suggested. Can't see what engineering expertise the blackley mob could give Williams unless it's Merc engines and Kers.

It's all very odd though and doubtlessly there's a reason behind this.

Senna forever

January 21, 2013 6:12 PM

I seem to remember Flavio Briatore had stakes in Minardi Ligier and Bennetton and was threatened with legal action if he didnt sell one of the companies due to conflict of interest ? I could be wrong and I stand to be corrected

stevyweavy - Unregistered

January 21, 2013 6:17 PM

Looks like Mercedes are getting significant other stakeholders in place so as to make it easier for them to sell out their remaining share at a later date and leave some level of continuity which is usually a requirement for incoming investors. Does not seem a logical move giving up that level of shareholding if they were staying in for the long haul.

Matt - Unregistered

January 21, 2013 7:29 PM

Im intrested what this brings to Bottas, if he does good and wipes the floor with Maldonado (hoping), is there a change for long contract with Mercedes?

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