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2025

Toto Wolff explains £4.6billion Mercedes F1 valuation after stake sale to CrowdStrike CEO

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Mercedes CEO and team principal Toto Wolff addressed his stake sale to CrowdStrike CEO George Kurtz, which has valued the Brackley outfit at £4.6billion.
The valuation has placed the Mercedes Formula 1 team in the top five most valuable sports teams.
“I think it shows a good development because the teams have become sustainable and profitable," Wolff told Sky Sports F1 in Las ...Keep reading