Tag: CrowdStrike
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Toto Wolff Sells 15% Mercedes Stake to George Kurtz: What It Means for the F1 Team
Overview: A Major Stake Move in Mercedes’ F1 Venture <pToto Wolff, the long‑serving team principal and CEO of Mercedes-AMG Petronas Formula One Team, has sold 15 percent of his stake in the company to American billionaire George Kurtz. The move preserves Wolff’s leadership roles while reshaping the ownership profile of the F1 outfit as it…
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Toto Wolff Sells 15% Mercedes Stake to George Kurtz: What It Means for F1 and Mercedes
Overview: A Strategic Stake Change at Mercedes Toto Wolff, the long-time team principal and chief executive of the Mercedes-AMG Petronas Formula One Team, has sold 15% of his stake in the company to American billionaire George Kurtz. While the commercial and competitive DNA of Mercedes remains rooted in engineering excellence and F1 supremacy, the transfer…
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Toto Wolff Sells Stake to George Kurtz: Mercedes F1 Shakeup
Mercedes F1 leadership shake-up under Toto Wolff Toto Wolff, the long‑time driving force behind Mercedes’ Formula 1 success, has sold a 15% stake in the Mercedes team to American tech billionaire George Kurtz. The deal marks a notable shift in the ownership structure of one of F1’s most influential teams, even as Wolff confirms he…