Mercedes up for sale: Wolff's stake valued at a record £4.5 billion.

Sale of a share in Mercedes

According to The Sun: Toto Wolff is negotiating the sale of part of his 33 percent stake in the Mercedes company, which values the team at a record £4.5 billion. This amount exceeds previously known figures for the value of McLaren, which was £3.5 billion following a change of ownership.

53-year-old Austrian Wolff is likely to remain in his role as CEO and team principal of Mercedes.

This deal could have significant implications for Mercedes' financial performance since the record valuation opens up new opportunities for investors and could be an important step in the team's future development strategy. The further developments surrounding the deal may affect the formation of business models in the global motorsport industry.