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Wolff still holds stake in Williams

When Toto Wolff was announced as a as shareholder and executive director of the Mercedes F1 team at the start of 2013, the fact that he retained a stake in Williams - which he had bought from Sir Frank Williams and Patrick Head in 2010 – understandably caused much confusion in the paddock. In 2016 it was announced the Austrian had sold off his remaining shares in the Grove outfit, however in recent months there has been speculation that he still holds 5%. Claire Williams has now clarified the situation in bid to end the speculation. 'Toto, as everybody knows, bought a shareholding a long time back now, back in 2010 from Frank and Patrick,' she said. 'He then, obviously, subsequently...
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6y ago from Pitpass.com 0
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