TOTO WOLFF IN TALKS TO SELL PART OF HIS MERCEDES FORMULA ONE STAKE IN RECORD £4.6BN VALUATION

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Mercedes Formula One team principal and chief executive Toto Wolff is reportedly in advanced discussions to sell part of his shareholding in the team, in a deal that values the Mercedes F1 outfit at an astonishing £4.6 billion. The valuation marks the highest ever for a Formula One team, surpassing the £3.5 billion mark set by McLaren in its recent ownership restructuring in September.








