Mercedes Formula 1 boss Toto Wolff is reportedly close to finalizing a deal to sell part of his stake in the team, with the transaction valuing Mercedes F1 at an astonishing £4.6 billion. This valuation marks a record for a Formula 1 team, surpassing McLaren’s recent £3.5 billion valuation following its ownership restructuring earlier this year.
Wolff, who currently holds a one-third ownership share in Mercedes F1, is expected to sell around 5% of his stake. Despite the partial sale, the 53-year-old Austrian will continue in his dual role as team principal and chief executive officer, maintaining his leadership position within the organization. The move signals a strategic financial adjustment rather than a shift in control or management.
The report, initially published by Sportico and later confirmed by BBC Sport, adds further credibility to what could become one of the most notable financial transactions in modern Formula 1. Mercedes, alongside Ineos and Wolff, each own an equal share of the team, forming a three-way partnership that has driven the team’s dominance over the past decade.
A Mercedes spokesperson declined to comment directly on the sale, but emphasized that the governance and structure of the team would remain unchanged. “All three partners are fully committed to the ongoing success of Mercedes-Benz in Formula One,” the spokesperson stated, reaffirming stability amid the reported deal.
The potential sale marks a dramatic rise in the value of Mercedes F1 since Ineos acquired its stake for £208 million in 2022. The new valuation underscores both the commercial strength of Formula 1 and Mercedes’ continued reputation as one of the sport’s most successful and profitable teams.
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