MOTORSPORTS

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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.

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Oscar Piastri responded to his doubters on Thursday by emphatically claiming that he remains confident he can recover form and win the drivers’ world championship this year.

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Formula One wants fans to be passionate, but they must also respect race winners, Mexican Sergio Perez said after McLaren’s Lando Norris faced boos on the podium in Mexico and Brazil in recent weeks.

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Max Verstappen said he had no pressure and nothing to lose as he seeks to close the gap in the Formula 1 title battle with McLaren’s front-running favourites Lando Norris and Oscar Piastri.

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Ferrari president John Elkann issued a plea on Monday to the misfiring team’s two drivers, Lewis Hamilton and Charles Leclerc, calling on them to focus on driving, not talking.

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McLaren would rather miss out on the Formula One world championship by a point than favour one of their drivers against Red Bull’s Max Verstappen, according to the team’s chief executive Zak Brown.

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Mercedes Formula One team principal and chief executive Toto Wolff is reportedly in advanced discussions to sell part of his shareholding in the team, in a deal that values the Mercedes F1 outfit at an astonishing £4.6 billion. The valuation marks the highest ever for a Formula One team, surpassing the £3.5 billion mark set by McLaren in its recent ownership restructuring in September.

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Williams has officially confirmed a major rebrand ahead of the 2026 Formula 1 season, marking a symbolic return to its roots while embracing a new era of ambition. The team will now compete under the name Atlassian Williams F1 Team, reviving the legendary ‘Forward W’ logo that defined its golden years under founder Sir Frank Williams.