Wolff Negotiates Sale of Mercedes F1 Shares, Team Valued at $6 Billion

Toto Wolff is reportedly in advanced discussions to sell approximately 5% of his shares in the Mercedes F1 team, which would value the team at a record $6 billion. The news, first reported by Sportico, indicates that the sale is progressing, with the Financial Times identifying a potential American buyer. This move marks a significant financial shift for Wolff and the team. The transaction highlights the growing commercial value of Formula 1 teams.

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