Mercedes F1 team principal Toto Wolff sells 15% stake to CrowdStrike CEO George Kurtz

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LAS VEGAS (AP) — Mercedes team principal and part-owner Toto Wolff has sold 15% of his shareholding of the Formula 1 team to George Kurtz, the CEO and founder of cybersecurity company CrowdStrike. Mercedes said the deal makes Kurtz a co-owner of the team that is valued at $6 billion. Wolff was one of three equal owners alongside Mercedes-Benz and INEOS. The deal was announced ahead of Saturday night’s Las Vegas Grand Prix, where Mercedes driver George Russell is the defending race winner. Kurtz

CrowdStrike founder Kurtz buys into Mercedes F1 team https://www.channelnewsasia.com/ - 20.11.2025 23:36

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CrowdStrike founder Kurtz buys into Mercedes F1 team https://www.channelnewsasia.com/ - 20.11.2025 23:36