/ Motorsport / Wolff to keep Williams link ‘for the moment’

Wolff to keep Williams link ‘for the moment’

Linked In Share

Jan.23 (GMM/Inautonews.com) As Toto Wolff gets down to work at Mercedes, the situation at Williams remains unclear.

When the Austrian’s team switch was announced, Williams made clear that Wolff “will retain his shareholding”.

It is believed the 41-year-old’s Williams stake is worth up to EUR 40 million.

Sources have said Wolff owning shares in competing F1 teams – he has bought 30 per cent of Brackley based Mercedes – is legitimate, but it remains to be seen if the situation will change.

“For the moment I’m going to keep those (Williams) shares,” he said on Tuesday.

“I have a responsibility as a shareholder. I can’t let everybody else down. I’m going to look at the situation in the next couple of weeks or months.

“I am working 100 per cent for Mercedes, as a director of Mercedes and trying to be successful with Mercedes.

“But I’ve had a long interest in Williams and you can’t kill an emotion just by resigning from a directorship.”

It is rumoured there could be a silver lining for Williams, with suggestions Wolff’s new Mercedes link could deliver a change of customer engine supplier for the currently Renault-powered Grove team.

“No discussions have been held,” Wolff said.

by Mircea - Wednesday, January 23rd, 2013 - filed under Motorsport. Image credit: .
Linked In Share
Related Articles


Discuss: Wolff to keep Williams link ‘for the moment’

Leave a Reply
















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Alonso not injured but in doubt for Australia – Dennis
Alonso not injured but in doubt for Australia – DennisFeb.26 (GMM/Inautonews.com) Two weeks before the 2015 season begins, the participation of McLaren-Honda's star driver is in ...
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – Serenity
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – SerenityFord has been battling losses for years in its Ford of Europe business, but judging by the model lineup of the second largest US ...
Now FIA helping Manor’s quest for 2015 grid
Now FIA helping Manor’s quest for 2015 gridFeb.26 (GMM/Inautonews.com) F1's governing body has joined McLaren and Ferrari in actively supporting the former Marussia team's ...
Alonso ‘wanted to test’ in Barcelona – Dennis
Alonso ‘wanted to test’ in Barcelona – DennisFeb.26 (GMM/Inautonews.com) He was in hospital for four days, and is absent at the final winter test in Barcelona, but Fernando ...
Test Drive: Renault Megane GT Line Energy 1.2 TCe
Test Drive: Renault Megane GT Line Energy 1.2 TCe Besides the Megane GT Line diesel, tested here, Renault is also offering a petrol version of the model which is using the ...
Skoda Superb Combi pops up in new renderings
Skoda Superb Combi pops up in new renderingsThe more practical version of the new Skoda Superb generation, the Combi, is the subject of new renderings which have ended up on ...
Koenigsegg Agera RS gets teased one more
Koenigsegg Agera RS gets teased one moreSwedish based automaker Koenigsegg has released the second image teaser with the Agera RS which will be officially presented to ...
Magna Steyr Mila Plus Hybrid Concept going to Geneva
Magna Steyr Mila Plus Hybrid Concept going to GenevaThe Magna Steyr Mila Plus Hybrid Concept will be making its public premiere on the 3rd of March, during the 2015 Geneva Motor ...
Cadillac CT6 – new details emerge
Cadillac CT6 – new details emergeNew details on the upcoming flagship Cadillac model, the CT6, have emerged ahead of its public debut which should take place at ...
Ferrari 458 Italia ends up on its roof in England
Ferrari 458 Italia ends up on its roof in EnglandAnother Ferrari 458 Italia incident is coming in from England and we can see the red finished exotic car resting on its roof. If ...
US regulator orders Takata to preserve airbags for lawsuits, investigations
US regulator orders Takata to preserve airbags for lawsuits, investigationsYesterday the NHTSA, the US auto safety regulator ordered Japan’s Takata Corp to save all airbag inflators that have been taken ...
[VIDEO] Honda Civic Type R gets teased once more
[VIDEO] Honda Civic Type R gets teased once moreThe upcoming Honda Civic Type R has been partially previewed in yet another video as the model is just a few days away from its ...
MINI Clubman Vision Gran Turismo officially unveiled
MINI Clubman Vision Gran Turismo officially unveiledThe newest addition to the Gran Turismo 6 range is the MINI Clubman concept as this has been officially unveiled by the British ...
US: experts say rising auto loan delinquency reports are exaggerated
US: experts say rising auto loan delinquency reports are exaggeratedAccording to credit reporting bureaus Equifax and Experian Automotive, the media reports that US auto loan delinquencies are on ...
This is the 2016 Audi R8
This is the 2016 Audi R8Audi has officially pulled the wraps off the new R8 generation as the model will be making its public premiere in Geneva, next ...
Read more automotive news


2015 Geneva Motor Show Coverage

ford_tourneo_courier_IMG_20150220_155748672_HDR
Renault Megane GT-Line Driven - Exterior Photo 15
2016 skoda superb combi 1
Magna Steyr Mila Plus Hybrid Concept 1
ferrari 458 italia crash england 1
MINI Clubman Vision Gran Turismo 1
Audi R8 V10
Alfa Romeo 4C Spider Europe 1
2015 smart fortwo carlsson tuning 1
Rolls-Royce Phantom Coupe Al-Adiyat 1
McLaren 675LT 1
MINI Clubman JCW Vision Gran Turismo 1

More automotive from inautonews
Ford has been battling losses for years in its Ford of Europe business, but judging by the model lineup of the second largest US automaker you would immediately look for the problems outside of its car and commercial vehicle range. Why are we talking about finance when a test drive is involved? ...
read more
Inautonews Editors Section
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – Serenity
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – SerenityFord has been battling losses for years in its Ford of Europe business, but judging by the model lineup of the second largest US automaker you would ...
Test Drive: Renault Megane GT Line Energy 1.2 TCe
Test Drive: Renault Megane GT Line Energy 1.2 TCe Besides the Megane GT Line diesel, tested here, Renault is also offering a petrol version of the model which is using the 1.2-liter turbo. But is ...
Test Drive: 2015 Aston Martin Vantage N430 Q – Brutal
Test Drive: 2015 Aston Martin Vantage N430 Q – Brutal Unveiled just last year during the 2014 Geneva Motor Show, the Aston Martin N430 is, according to the British automaker the most dramatic ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety US regulator orders Takata to preserve airbags for lawsuits, investigationsYesterday the NHTSA, the US auto safety regulator ordered Japan’s Takata Corp to save all airbag ... Euro NCAP: Audi TT gets 4-star ratingThe new generation of the Audi TT has been tested by Euro NCAP recently and the model in question ...
Safety Section