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