Overview
- The completed deal transfers 15% of Toto Wolff’s investment holding to George Kurtz, equating to roughly a 5% stake in the Mercedes F1 team.
- Mercedes says the team’s control structure remains unchanged with Mercedes‑Benz, INEOS and Wolff as the principal stakeholders.
- Kurtz has been appointed a Technology Advisor to the team, adding cybersecurity expertise and deeper U.S. market ties.
- Wolff states he has no plan to sell the team or to leave his role as CEO and team principal.
- The transaction implies a valuation near $6 billion for Mercedes F1, which Motorsport.com reports is about seven times the team’s record 2024 revenue under the cost cap era.