Mercedes boss Toto Wolff believes Liberty Media's offer to teams to acquire a stake in the sport should not be dismissed without proper consideration.
In a move to encourage teams to have a vested interest in Formula 1, Liberty Media has set aside an allocation of shares in its publicly traded entity (worth about $400 million), destined to be offered to the sport's teams at a discount from the stock's quoted price.
"This is an idea which one shouldn't dismiss easily," Wolff, a shareholder and team boss of world champions Mercedes, told Austrian magazine Trend.
"But in any case one must know more about the business case and our role in the whole (project). Talks about this have only just begun and will probably last over the coming months."
A potentially cloudy point that Mercedes and its peers may want Liberty to clear up is what exactly they would own as shareholders of the Formula One Group (FWONK) entity.
FWONK - a somewhat unfortunate ticker at first glance - is a tracking stock destined to reflect the operating performance of Formula 1. But it does not own any assets.
Formula 1's commercial rights are actually owned by Formula One Group's parent company, Liberty Media Corporation. Still more questions than answers thus...
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