P1racenews AI automatic summary:
Mercedes F1 valued at record £4.6bn as Toto Wolff looks to sell stake in team
Toto Wolff is in advanced negotiations to sell a portion of his one-third ownership in the Mercedes F1 team. The proposed deal would value Mercedes at an estimated £4.6 billion, setting a new benchmark for F1 teams. This valuation surpasses the recent acquisition of a stake in McLaren’s parent company, which valued the team at £3.5bn. Wolff is seeking to offload around 5% of his share. Mercedes has confirmed that the team’s management structure will remain unchanged, with all partners fully committed to the success of Mercedes-Benz in Formula One. This follows the ownership setup where Wolff, Mercedes, and Ineos each hold 33% stakes in the company. Mercedes has a strong F1 track record, boasting eight constructors’ world championships and nine drivers’ titles, with six of them clinched by Lewis Hamilton. In the 2025 constructors’ championship, Mercedes currently occupies the second position and has secured two wins this season with driver George Russell. Russell is placed fourth in the drivers’ standings, trailing McLaren’s Lando Norris and Red Bull’s Max Verstappen. Mercedes’ rookie driver Kimi Antonelli, who replaced the departing Hamilton, is positioned seventh in the drivers’ championship.
