Skip to main content

Sign up for free

  • Get quick access to your favorite articles

  • Manage alerts on breaking news and favorite drivers

  • Make your voice heard with article commenting.

Autosport Plus

Discover premium content
Subscribe

Recommended for you

Bagnaia undergoes successful arm surgery, targets MotoGP return at Silverstone

MotoGP
British GP
Bagnaia undergoes successful arm surgery, targets MotoGP return at Silverstone

Why F1's future engine rules offer new opportunities but also new pitfalls

Feature
Formula 1
Belgian GP
Why F1's future engine rules offer new opportunities but also new pitfalls

How the new WRC event format at Rally Estonia will work

WRC
Rally Estonia
How the new WRC event format at Rally Estonia will work

Bedrin commands GB3's European leg to build sizeable points lead

National
Bedrin commands GB3's European leg to build sizeable points lead

Top five roles on Motorsport Jobs this week

General
Top five roles on Motorsport Jobs this week

Aprilia moves up in MotoGP concessions as Ducati and Honda drop down

MotoGP
German GP
Aprilia moves up in MotoGP concessions as Ducati and Honda drop down

Bortoleto: F1 hasn't lost its 'magic'; drivers need to "turn the page" on 2026 complaints

Formula 1
Belgian GP
Bortoleto: F1 hasn't lost its 'magic'; drivers need to "turn the page" on 2026 complaints

Top 10 F1 drivers of the 2010s

Feature
Formula 1
Top 10 F1 drivers of the 2010s

F1 News: Szafnauer doubts Wolff involvement in Aston Martin team

Racing Point Formula 1 chief Otmar Szafnauer doubts Toto Wolff will become involved with the team when it becomes Aston Martin next year despite his investment in the manufacturer

Aston Martin will return to F1 with a works team in 2021 after Racing Point team owner Lawrence Stroll took a stake in the British road car manufacturer in January.

Mercedes F1 team principal Wolff made a personal investment in Aston Martin earlier this month worth 0.95% of the company.

Wolff remains committed to his role heading up Mercedes' F1 operations, saying "nothing will change in the short term" as he remains in talks over extending his contract with the German marque.

Racing Point CEO Szafnauer said he was "absolutely" happy to see Wolff become involved in Aston Martin, but does not anticipate the Austrian having any involvement with the F1 team, which is a separate company.

"He's done an amazing job at Mercedes, but I can't see him having a stake in our team for example," Szafnauer told Sky Sports.

"The road car company, having shares in that is completely different than having shares in a loss-making Formula 1 team."

Szafnauer said he was yet to talk to Wolff about his investment in Aston Martin, but that he presumed it was a sensible business decision.

"I haven't spoken to him in six or seven weeks since the Australian Grand Prix. I've seen him on a couple of these Zoom calls, but I haven't asked him that question," Szafnauer said.

"But knowing Toto like I do, I think he's absolutely right, it was a good time to buy if you look at the share price and the trend.

"Toto's pretty smart at that stuff, I think he's made a little bit of money in these type of things, and I wouldn't doubt what he says. I think he's absolutely right, good time to buy."

Aston Martin has stressed its rebrand of the Racing Point team is still going ahead in 2021 despite concerns about the financial future of the company raised earlier this month.

The full story of Racing Point's transformation from near-collapse to its upcoming Aston Martin era - as well as the team's firm defence of the RP20's legality - is included in this week's issue of Autosport magazine, which is available in shops and online.

Previous article F1 News: Latest Virtual GP Esports line-up revealed, WRC ace Solberg to wildcard
Next article Have a go hero: When Ocon made a Renault World Series cameo

Top Comments

Latest news