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

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