Overview
- Wolff is negotiating to sell roughly 5% of his 33% holding via his investment vehicle, with his CEO and team principal roles unchanged.
- The talks value Mercedes at about $6 billion, a record for an F1 team that would surpass the recent McLaren benchmark near $5 billion.
- The Financial Times, ESPN and others report George Kurtz as the likely buyer, though no party has officially confirmed the transaction.
- Mercedes, INEOS and Wolff currently own equal one‑third stakes, and the team says governance would remain the same if a deal is completed.
- The prospective sale follows industry‑leading 2024 results at Mercedes and a broader surge in F1 team valuations driven by stronger economics and global audience growth.