Photo Credit: Getty Images

Toto Wolff has sold a slice of his shareholding in Mercedes Formula 1 to American billionaire George Kurtz, a move that locks in a record valuation for one of the sport’s most successful modern teams. The deal values Mercedes F1 at six billion dollars, or four point six billion pounds. It also confirms the scale of Formula 1’s growth and the strength of Mercedes as a commercial powerhouse.

Photo Credit: F1
 
McLaren suffered a double disqualification at the Las Vegas Grand Prix as both Lando Norris and Oscar Piastri's cars failed post-race technical inspections. The FIA confirmed that the rearmost skid blocks on both McLaren MCL39 machines were "measured and found to be below the minimum thickness of 9mm specified under Article 3.5.9 of the Technical Regulations."

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