George Kurtz is an FIA bronze-rated race car driver and co-owner of Mercedes AMG Petronas F1 team thanks to acquisitions from Toto Wolff. Notably, Kurtz has been a partner of the Mercedes F1 team since 2019. He has now secured a 15% minority interest in the ownership entity controlled by Toto Wolff. This deal values…
Toto Wolff is reportedly in advanced discussions to sell a small part of his 33 per cent shareholding in the Mercedes F1 team to CrowdStrike CEO George Kurtz. Prominent business publication Sportico first announced that the deal values Mercedes at $6 billion, a new record for an F1 team. Upon completion of the agreement, this…
Amidst a new Formula One season filled with launches, driver swaps and rumours circulating before testing has even started, Mercedes have once again found them in the hotseat. Following the grid-wide launch event at the O2 in London a few days ago, Mercedes unveiled their car with one notable sponsor missing: the famous red INEOS…
