Toto Wolff in talks to sell some Mercedes F1 shares, valuing team at $6bn

Toto Wolff is in discussions to sell around 5% of his Mercedes F1 team shares, according to several business reports, which would value the team at a record $6bn.As first reported by sports business website Sportico, the sale is said to be at an advanced stage as Wolff looks set to offload around 5% of his shares.The Financial Times has identified the potential buyer as American ...Keep reading