New Mercedes shareholder revealed as Wolff nears stake sale

Photo: Race Pictures
Updated:
4 Comments
Tobia is a Formula 1 journalist at GPblog with experience at international circuits. Since 2022, he has covered Grands Prix across Europe, delivering reliable coverage and insights from the paddock.
Toto Wolff is said to be in advanced discussions over selling part of his Mercedes stake — a move that would value the F1 team at an unprecedented $6 billion.
The story first surfaced a few days ago, but the buyer’s identity hadn’t been revealed — until now. According to the Financial Times, the potential investor is someone already firmly within Mercedes’ orbit: George Kurtz, co-founder and CEO of CrowdStrike, one of the Brackley team’s key commercial partners.
The sponsor has featured on the car’s livery and the drivers’ suits since 2019, with CrowdStrike also providing cybersecurity protection for the team’s infrastructure, racetrack operations and factory.
Besides his role at the cybersecurity giant, Kurtz is also a serious racing enthusiast, as his résumé makes clear: he has raced — and won — across multiple categories over the years, including GT World Challenge and IMSA, and has even competed in the 24 Hours of Le Mans and the Indianapolis 8 Hour.

Toto Wolff - Photo: RacePictures.
ADVERTISEMENT
Read also
Mercedes governance to stay unchanged
“The governance of the team will remain unchanged, and all three partners (Mercedes-Benz, Wolff and Ineos) are fully committed to the ongoing success of Mercedes-Benz in Formula 1,” Mercedes told GPblog.
If the deal goes through, Mercedes would become the highest-valued team in Formula 1 — surpassing even McLaren, which was taken fully under the control of Bahrain’s sovereign wealth fund Mumtalakat and Abu Dhabi’s CYVN Holdings in a deal last September that valued the team at over £3 billion.
The deal would involve selling 5% of his stake, leaving Wolff with 28% — while still retaining his roles as Mercedes CEO and team principal.
ADVERTISEMENT
Read also
GPblog's latest F1 Paddock Update
Want to stay up-to-date with what happens in the F1 paddock? Then GPblog's F1 Paddock Update video is the perfect way to do it. Subscribe to GPblog's YouTube channel and turn on notifications to never miss the latest episodes.
ADVERTISEMENT
Don’t miss GPblog in Google
Mark us as a preferred source and our articles will appear more often at the top of Top Stories.
Add as a preferred / source on Google





