Motor racing-Wolff reported in talks to sell part of Mercedes F1 stake to Crowdstrike CEO

Motor racing-Wolff reported in talks to sell part of Mercedes F1 stake to Crowdstrike CEO

The Star Online - Sport·2025-11-12 08:01

LONDON (Reuters) -Toto Wolff is in advanced talks to sell part of his stake in Mercedes F1 to Crowdstrike CEO George Kurtz in a deal that would value the Formula One team at a record $6 billion, the Financial Times reported on Tuesday.

Austrian Wolff, Mercedes-Benz and Jim Ratcliffe's petrochemicals giant Ineos currently each hold 33% stakes.

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