18-04-2020, 01:49 PM
Mercedes Formula 1 boss Toto Wolff has made a personal investment in Aston Martin, As recently reported, Wolff has been considering a private purchase of Aston Martin shares in the wake of Lawrence Stroll’s recent buy-in.
Stroll is a friend of Wolff's, and his Racing Point team has a close alliance with Mercedes as one of its customer teams.
While Wolff has repeatedly denied that he will take a formal role at the British sportscar manufacturer, amid speculation he could become CEO, buying shares as an investment has long been on the table.
Such an investment would seem unusual considering his role at Mercedes, and given that Aston Martin is primary sponsor of F1 rival Red Bull Racing, but the German car manufacturer’s parent company Daimler is a long term shareholder in Aston Martin, so there is no conflict of interest.
Seems like isolation is getting to Danny Ricc
https://twitter.com/i/status/1251502979317936128
Stroll is a friend of Wolff's, and his Racing Point team has a close alliance with Mercedes as one of its customer teams.
While Wolff has repeatedly denied that he will take a formal role at the British sportscar manufacturer, amid speculation he could become CEO, buying shares as an investment has long been on the table.
Such an investment would seem unusual considering his role at Mercedes, and given that Aston Martin is primary sponsor of F1 rival Red Bull Racing, but the German car manufacturer’s parent company Daimler is a long term shareholder in Aston Martin, so there is no conflict of interest.
Seems like isolation is getting to Danny Ricc
https://twitter.com/i/status/1251502979317936128
"You live more for 5 minutes going fast on a bike than other people do in all of their life"....Marco Simoncelli