Toto wolff, who is already a shareholder Mercedes Benz and finally also Aston Martin, where he made an investment in a company the majority owner of which became his friend Lawrence stroll, also returned as a co - owner to Williams.
News of his return surfaced when it became known to the team Williams located in the sales process. Will they potential investors decided on a minority or majority stake in the team, there is also a complete takeover in the game, everything is in play. But Wolff is in what has been described as ‘security investment“, Regained a five percent share of the team, where he was CEO. “It's nice to see that Toto Wolff, the head of Mercedes, has decided to buy a XNUMX% stake in Williams,He wrote on twitter Peter windsor, journalist Formula 1. "For the first time in a long time, a team can start moving in the right direction."
"Mercedes stressed that it is a security and technically it is not a ‘buyout’. The security is a ‘priority interest in favor of the security agent in respect of all shares of such owner’. And with that, you can do whatever you want." Wolff he had before that before he moved to Mercedes, owned 30% stake in Williams. Years 2014 sold 20 percent to an American businessman Brad Hollinger, and the remaining 10 percent in 2016. It will be necessary to determine whether this is an early sign that it will Wolff tackled yet major investments, or it is about paying money to a team that is due financial crisis struggling to survive.
