Who owns shares in Mercedes?
Mercedes-Benz Group AG is a publicly traded corporation with shares held by global investors, institutional shareholders, and major stakeholders such as the Chinese automotive company BAIC Group and the Kuwait Investment Authority. The parent company, or the company that owns BMW, is the BWW Group, also known as BMW AG in Germany. BMW is recognized as an incorporated entity owned by shareholders. In other words, BMW is a publicly traded company owned by shareholders.
Is Toto Wolff selling Mercedes?
Wolff owns a third of Mercedes F1 and is in advanced discussions to sell a shareholding of around five per cent with the Austrian to retain around 28 per cent. The 53-year-old would remain as Mercedes team principal and CEO if the sale goes through. The deal values Mercedes at £4. Toto owns around a third of Mercedes F1 and reportedly plans to sell a shareholding of around 5%, with the Austrian retaining around 28% and maintaining his influential presence within the team’s leadership.