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Wolff sells remaining share in Williams to US businessman
Mercedes motorsport boss Toto Wolff has confirmed he has sold his remaining shares in the Williams Formula 1 team. Wolff has long been a shareholder in the outfit since he purchased a 15 per cent stake back in 2009. Four years later he became involved with Mercedes and agreed to gradually reduce his interest in rival Williams. The Austrian sold his remaining five per cent stake this week to American businessman Brad Hollinger, whose stake increases to 15 per cent after purchasing Wolff's entire holding over the course of three seasons. The Healthcare entrepreneur doesn't have a formal management role at present, but that could change in the future with Williams chief...
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9y ago from GrandPrixTimes.com
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