Mercedes F1 boss Toto Wolff has reportedly acquired a 5 per cent stake in Williams, the beleaguered team in which the Austrian was once a shareholder.
The information comes courtesy of veteran F1 journalist and once Williams team manager Peter Windsor, although it's unclear on what the British reporter had based his affirmation.
Williams is a publicly traded company, so it's possible that Wolff's holding was divulged in a regulatory filing. But the stake may have also resulted from the exercise of options held by Wolff since his days as a shareholder.
Williams was originally Wolff's pipeline into F1, with the Austrian previously holding a 30 per cent stake in the Grove-based company which he later sold between 2014 and 2016.
"It’s nice to see that yesterday the head of Mercedes Toto Wolff bought a five percent stake in Williams F1," Windsor wrote on Twitter.
"For the first time in a long time, the team can begin to move in the right direction."
The news come just days after Williams Grand Prix Holdings announced that it was seeking a buyer for its F1 operations. As a reminder, Wolff also acquired a small stake in sports car manufacturer Aston Martin following the active involvement of Racing Point owner Lawrence Stroll.
Wolff's investment in Williams, if it is the result of a purchase on the open market, would obviously make him a believer in the company's future.
However, former F1 supremo Bernie Ecclestone, who is helping his old friend Sir Frank Williams find an adequate buyer for his team, warned that a takeover of F1's third most successful outfit could prove challenging given the current crisis.
Gallery: The beautiful wives and girlfriends of F1 drivers
Keep up to date with all the F1 news via Facebook and Twitter
Lando Norris opened the 2025 Abu Dhabi Grand Prix weekend in commanding fashion, topping the…
Full results from Free Practice 1 for the Abu Dhabi Grand Prix at Yas Marina,…
On the eve of Formula 1’s thrilling 2025 title decider in Abu Dhabi, the entire…
As Formula 1 prepares to wave goodbye to its current rule set in Abu Dhabi,…
On the eve of Formula 1’s season finale in Abu Dhabi, drivers set aside championship…
Formula 1's 2025 season hurtles toward its dramatic close this weekend in Yas Marina, with…