Toto Wolff explained why the team will not rush to buy shares in F1

Тото Вольф объяснил, почему команды не спешат покупать акции Ф1

Head of Mercedes Motorsport Toto Wolff told the F1 team why not show special attention to promotions Big Prizes offers to buy Liberty Media.

F1 teams rejected the offer of Liberty Media to buy shares in F1

“All was presented the opportunity, but neither team went for it, – quotes the wolf – So far we have not explained how the agreed terms, taking into account the interests of the former shareholders, namely CVC.

Also we don’t understand how this will affect the long-term interests of the team, playing a key role in the viability of the sport.

Now, however, we need to work with Liberty Media. This company realizes that team along with the drivers are the main part of the show. At the same time, we must be knowledgeable about the entertainment aspect in which we are competing with everyone who puts a video on YouTube.”

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Source translated by Яндекс.Переводчик

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