Billionaire Owner Toto Wolff's Take in Mercedes Worth More Than These F1 Teams
From investing millions in teams to becoming a billionaire, let's take a look at how Toto Wolf's stake surpasses other F1 teams.
What?
An entrepreneur and investor Joe Pompliano recently took to Twitter and shared the list of Formula 1's most valuable teams.
What is it About?
Pompliano further expressed the generated revenue and Toto Wolf's individual stake in Mercedes.
What Did Pompliano Say?
He revealed how Toto Wolff owns 33% of the Mercedes F1 team and is more valuable than other teams like Alfa Romeo, Williams, and Haas.
Who is Toto Wolff?
He is a former racing driver and investor. He is the Team Principal and CEO of the team Mercedes-AMG Petronas F1.
How Much Does Wolff Own?
He owns 33% of the Mercedes F1 team which makes his individual stake worth $891 million.
Other F1 Teams
His stake is more valuable than Alfa Romeo, which is at $815 million, Williams at $795 million and Haas at $710 million.