Overview
- Multiple reputable outlets report the discussions are advanced, but there has been no public confirmation that a deal has closed.
- The sale under discussion is a mid‑single‑digit portion of Toto Wolff’s 33% holding, reported at about 5%, executed through his investment vehicle.
- The talks imply an approximately $6 billion (£4.6bn) valuation for Mercedes‑AMG Petronas, setting a new record above recent McLaren benchmarks.
- Mercedes says team governance will remain unchanged, and Wolff is expected to stay on as chief executive and team principal.
- Kurtz’s CrowdStrike already sponsors Mercedes, and reports say the structure would not affect voting power within the team’s existing 33/33/33 ownership with Mercedes‑Benz and INEOS.