Wolff to keep Williams link 'for the moment'

306 views

Toto Wolff: I have a responsibility as a shareholder.

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

Toto Wolff
Toto Wolff

Photo by: XPB Images

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.

Write a comment
Show comments
About this article
Series F1
Article type Breaking news
Tags f1, gmm, mercedes, williams, wolff

User photos

erikjunius
F1

erikjunius

11 photos
EuroRacer
F1

EuroRacer

21 photos
SurdinP
F1

SurdinP

1 photos
max
F1

max

29 photos
ADLITIKA
F1

ADLITIKA

213 photos
Kevin_Bennett_Photo
F1

Kevin_Bennett_Photo

139 photos
PiBiPhoto
F1

PiBiPhoto

47 photos
Upload photo