Mercedes motorsport chief Toto Wolff says he wants Formula 1’s prospective new owners to show “long-term perspective and vision” if a buyer is found in the near future. Wolff was giving his reaction to the bombshell that Bernie Ecclestone dropped earlier today during the Camp Beckenbauer sports business forum at Kitzbuhel in Austria, when the F1 commercial rights holder said that he expected new shareholders to enter the F1 ownership structure “this year”. “Bernie is always good for a headline,” said Wolff. “And headlines and controversy are a big part of Formula 1 that sells. “As a matter of fact, the owners of the sport are investment companies: CVC has owned the...
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