P1racenews AI automatic summary:
Big news at Mercedes ahead of Friday practice in Las Vegas
Toto Wolff has sold 15 per cent of his stake in the Mercedes F1 team to American billionaire George Kurtz, founder of CrowdStrike, a cybersecurity firm partnering with Mercedes since 2019. Kurtz now owns 15 per cent of the ownership entity previously held by Wolff. Mercedes-Benz and Ineos each have a one-third shareholding in the team. Wolff will continue as Mercedes F1 team principal and CEO, while Kurtz takes on the role of technology advisor. Both Wolff and Kurtz expressed excitement about the future of Formula One with Kurtz bringing valuable insights from the cybersecurity and technology sectors. Mercedes is currently leading in the 2025 F1 constructors’ championship, with George Russell and Lewis Hamilton showing strong performances on track.
