Toto Wolff is close to selling part of Mercedes shares, the team is valued at $6 billion - media - Sportish
Connect with us

Formula-1

Toto Wolff is close to selling part of Mercedes shares, the team is valued at $6 billion – media

Published

on

Toto Wolff is close to selling part of Mercedes shares, the team is valued at  billion – media

Mercedes Formula 1 team boss Toto Wolff is in advanced negotiations to sell part of his 33% stake in the team, Sportico reports.

According to preliminary estimates, the value of the team is 6 billion US dollars.

If an agreement is reached, the sale would be a record for a Formula 1 team and would surpass the estimated $4.7 billion for which McLaren’s stake was sold in October 2025.

Wolff is expected to remain Mercedes CEO and team principal.

The 53-year-old Austrian was previously an investor in the Williams racing team before joining Mercedes in 2013.

Source: Sportbox

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Formula-1

Lando Norris received the Formula 1 championship trophy at a ceremony in Tashkent

Published

on

By

Lando Norris received the Formula 1 championship trophy at a ceremony in Tashkent

The British driver of the McLaren team, Lando Norris, received the Formula 1 championship cup for winning the individual competition of the 2025 season, the series press service reports.

The FIA ​​Awards ceremony took place in Tashkent.

The capital of Uzbekistan is hosting the FIA ​​General Assembly, which held elections for the organization’s president on Friday. President Mohammed bin Sulayem was re-elected to a second four-year term. Ben Sulayem took part in the awards ceremony for Norris and other FIA Awards winners.

On Sunday, 26-year-old Norris finished third in the final race of the 2025 season, the Abu Dhabi Grand Prix, and won the championship title for the first time in his career, ending the four-year hegemony of Red Bull’s Max Verstappen. In the team competition (Constructors’ Championship), McLaren won.

Source: Sportbox

Continue Reading

Formula-1

A street in the UK was renamed in honor of Formula 1 champion Norris

Published

on

By

A street in the UK was renamed in honor of Formula 1 champion Norris

A street in the British county of Somerset has been renamed in honor of the 2025 Formula 1 champion, British McLaren driver Lando Norris, reports crash.net

Norris was born in Bristol and attended school in Street, Somerset. The pedestrian area at Clark’s Village in the Street is now Lando Lane and new signage has already been installed.

“Lando is a local hero, and we are all very happy that he became a world champion.” He spent his early years here in Somerset and it was during this period of his life that he took up karting, a path that would eventually lead him to become the best in Formula One,” said facility director Chris Davies.

On Sunday, 26-year-old Norris took third place in the Abu Dhabi Grand Prix race and won the championship title for the first time in his career, breaking the hegemony of Max Verstappen from Red Bull.

Source: Sportbox

Continue Reading

Formula-1

Verstappen became the highest paid Formula 1 driver in 2025, champion Norris rounded out the top 3

Published

on

By

Verstappen became the highest paid Formula 1 driver in 2025, champion Norris rounded out the top 3

Max Verstappen became the highest paid Formula 1 driver in 2025, Forbes reports.

During the season, the 28-year-old Red Bull driver from the Netherlands earned $76 million, of which $65 million was salary and $11 million in bonuses.

Second on this list is seven-time world champion Lewis Hamilton. During his debut season at Ferrari, the 40-year-old Briton earned 70.5 million, of which the bonus amounted to 500 thousand. Hamilton had the worst year of his career and missed out on the Grand Prix podium for the first time this season.

Third place on the list was taken by 2025 world champion Lando Norris (57.5 million) from McLaren. With a salary of 18 million, the British pilot received a large bonus of 39.5 million for his first title.

Top 10 highest paid Formula 1 drivers in 2025 according to Forbes:

1. Max Verstappen (Netherlands, Red Bull) – $76 million (65 million salary + 11 million bonuses)

2. Lewis Hamilton (Great Britain, Ferrari) – 70.5 (70+0.5)

3. Lado Norris (Great Britain, McLaren) – 57.5 (18+39.5)

4. Oscar Piastri (Australia, McLaren) – 37.5 (10+27.5)

5. Charles Leclerc (Monaco, Ferrari) – 30 (30+0)

6. Fernando Alonso (Spain, Aston Martin) – 26.5 (24+2.5)

7. George Russell (Great Britain, Mercedes) – 26 (15+11)

8. Lance Stroll (Canada, Aston Martin) – 13.5 (12+1.5)

9. Carlos Sainz (Spain, Williams) – 13 (10+3)

10. Kimi Antonelli (Italy, Mercedes) – 12.5 (5+7.5).

Source: Sportbox

Continue Reading

Trending

All Rights Reserved © 2023 - Sportish | Powered by: