{"id":279191,"date":"2025-11-12T05:26:12","date_gmt":"2025-11-12T05:26:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/279191\/"},"modified":"2025-11-12T05:26:12","modified_gmt":"2025-11-12T05:26:12","slug":"wolff-to-sell-stake-valuing-mercedes-f1-at-4-6bn","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/279191\/","title":{"rendered":"Wolff to sell stake valuing Mercedes F1 at \u00a34.6bn"},"content":{"rendered":"<p>Toto Wolff is in advanced talks to sell part of his shareholding in the Mercedes Formula 1 team.<\/p>\n<p>The deal values Mercedes at \u00a34.6bn &#8211; a record for an F1 team &#8211; after McLaren were <a href=\"https:\/\/www.bbc.co.uk\/sport\/formula1\/articles\/cwypy6zpr39o?xtor=AL-72-%5Bpartner%5D-%5Byahoo.north.america%5D-%5Blink%5D-%5Bsport%5D-%5Bbizdev%5D-%5Bisapi%5D\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:valued at \u00a33.5bn;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">valued at \u00a33.5bn<\/a> in a change of ownership structure in September.<\/p>\n<p>Advertisement<\/p>\n<p>Wolff, who owns one-third of Mercedes F1, would sell a shareholding in the region of 5%.<\/p>\n<p>The 53-year-old would stay on as team principal and chief executive officer if the sale goes through.<\/p>\n<p>The deal was first reported by Sportico and BBC Sport has independently verified the information is accurate.<\/p>\n<p>The other shareholders in the team are Mercedes and chemicals giant Ineos, who each also own a third of the company.<\/p>\n<p>A Mercedes spokesperson said: &#8220;We will be making no comment on this. The governance of the team will remain unchanged, and all three partners are fully committed to the ongoing success of Mercedes-Benz in Formula One.&#8221;<\/p>\n<p>Advertisement<\/p>\n<p>The deal would represent a significant increase in value of Mercedes F1 since Ineos bought its stake for \u00a3208m in 2022.<\/p>\n<p>The rise reflects the growth in valuations of F1 teams in the past few years as a consequence of the increasing appeal of the sport around the world.<\/p>\n<p>This was also seen in the success of the F1 movie starring Brad Pitt, which was released last summer and has grossed more than $630m (\u00a3458m) at the box office. It is Pitt&#8217;s most successful film and the most successful sports movie.<\/p>\n<p>Advertisement<\/p>\n<p>Mercedes are second in the constructors&#8217; championship, behind McLaren, with three races remaining this season.<\/p>\n<p>Their lead driver George Russell has won two of the 21 grands prix this year and is fourth in the drivers&#8217; championship behind McLaren&#8217;s Lando Norris and Oscar Piastri, and Red Bull&#8217;s Max Verstappen.<\/p>\n<p>The team won a record eight consecutive constructors&#8217; championships and seven drivers&#8217; titles, six for Lewis Hamilton and one for Nico Rosberg, between 2014 and 2021.<\/p>\n<p><img alt=\"\" loading=\"lazy\" width=\"1\" height=\"1\" decoding=\"async\" data-nimg=\"1\" style=\"color:transparent\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/11\/1762925172_427_\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Toto Wolff is in advanced talks to sell part of his shareholding in the Mercedes Formula 1 team.&hellip;\n","protected":false},"author":2,"featured_media":279192,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[573],"tags":[64,63,5175,817,161795,161796,813,816,945,85,4703],"class_list":{"0":"post-279191","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-formula-1","8":"tag-au","9":"tag-australia","10":"tag-chief-executive-officer","11":"tag-f1","12":"tag-f1-team","13":"tag-f1-teams","14":"tag-formula-1","15":"tag-formula1","16":"tag-mercedes","17":"tag-sports","18":"tag-toto-wolff"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/279191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=279191"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/279191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/279192"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=279191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=279191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=279191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}