May 26, 2020 3:57:35 PM
May 26, 2020 5:04:02 PM
996FourEss:Can someone explain to me the Toto Wolff connection at Aston Martin? Somehow he has turned being a principal into becoming a team owner which is quite impressive, i just don't know where he got the capital from.
No idea where Toto's considerable wealth comes from, but he personally recently invested a significant amount in Aston Martin.
May 26, 2020 5:05:33 PM
SSO.:996FourEss:Can someone explain to me the Toto Wolff connection at Aston Martin? Somehow he has turned being a principal into becoming a team owner which is quite impressive, i just don't know where he got the capital from.
No idea where Toto's considerable wealth comes from, but he personally recently invested a significant amount in Aston Martin.
He is the next Bernie.
May 26, 2020 5:07:14 PM
Google is your friend:
After retirement, Wolff focused heavily on investment, even founding two companies. Both companies primarily focused on investments on internet and technology.
However, from 2003 onwards Wolff concentrated on strategic investments in medium-sized industrial and listed companies. Some Investments include the German HWA AG, who runs the Deutsche Tourenwagen Masters race program for Mercedes-Benz.
Other investments include BRR Rallye Racing, one of the largest rally parts dealers in Europe. Wolff is also co-owner of a sports management company with former F1 champion Mika Häkkinen.
997.2 4S / BMW 745e / Donkervoort GT
May 26, 2020 5:14:04 PM
spudgun:Google is your friend:
After retirement, Wolff focused heavily on investment, even founding two companies. Both companies primarily focused on investments on internet and technology.
However, from 2003 onwards Wolff concentrated on strategic investments in medium-sized industrial and listed companies. Some Investments include the German HWA AG, who runs the Deutsche Tourenwagen Masters race program for Mercedes-Benz.
Other investments include BRR Rallye Racing, one of the largest rally parts dealers in Europe. Wolff is also co-owner of a sports management company with former F1 champion Mika Häkkinen.
So, you put your money into Rally Racing and you become a billionaire
GT Lover, Porsche fan
991.2 GT3 manual
Cayenne GTS 2014
May 26, 2020 5:19:10 PM
SSO.:I would think that's at least a few years off. Why would they want/need Aston Martin right now? Is a right size mess.
Cause right now Aston is worth less than 1/10th of what it was not 2 years ago. You are paying pennies on the dollar.
It's already using AMG engines and Mercedes parts inside, and Mercedes don't really have a prestige brand in it's portfolio.
The only other choice would be McLaren but they already invested in Aston first.
The game of music chair has started, and McLaren really needs to find a chair soon.
spudgun:Google is your friend:
After retirement, Wolff focused heavily on investment, even founding two companies. Both companies primarily focused on investments on internet and technology.
However, from 2003 onwards Wolff concentrated on strategic investments in medium-sized industrial and listed companies. Some Investments include the German HWA AG, who runs the Deutsche Tourenwagen Masters race program for Mercedes-Benz.
Other investments include BRR Rallye Racing, one of the largest rally parts dealers in Europe. Wolff is also co-owner of a sports management company with former F1 champion Mika Häkkinen.
That man really is a force to be reckoned with in my opinion. From racing (at some point holding Nordschleife record) to investment banking, to HWA to running Merc F1, ... And he's 'only' 48...
1969 Mercedes-Benz 300SEL 6.3 / 2008 Porsche 911 GT3 RS (sold) / 2011 Mercedes-Benz C63 AMG Performance / 2014 BMW-Alpina D3 biturbo Touring / 2018 Porsche 911 GT3 Clubsport
Whoopsy:SSO.:I would think that's at least a few years off. Why would they want/need Aston Martin right now? Is a right size mess.
Cause right now Aston is worth less than 1/10th of what it was not 2 years ago. You are paying pennies on the dollar.
It's already using AMG engines and Mercedes parts inside, and Mercedes don't really have a prestige brand in it's portfolio.
The only other choice would be McLaren but they already invested in Aston first.
The game of music chair has started, and McLaren really needs to find a chair soon.
If you take full ownership control then you assume all the debt & obligations so Aston is still far from cheap.
I would not be surprised is McLaren and BMW start eyeing each other if the situation at McLaren deteriorates further. If not the plan is to wait it out and do an IPO in 3 years.
SSO.:Whoopsy:SSO.:I would think that's at least a few years off. Why would they want/need Aston Martin right now? Is a right size mess.
Cause right now Aston is worth less than 1/10th of what it was not 2 years ago. You are paying pennies on the dollar.
It's already using AMG engines and Mercedes parts inside, and Mercedes don't really have a prestige brand in it's portfolio.
The only other choice would be McLaren but they already invested in Aston first.
The game of music chair has started, and McLaren really needs to find a chair soon.
If you take full ownership control then you assume all the debt & obligations so Aston is still far from cheap.
I would not be surprised is McLaren and BMW start eyeing each other if the situation at McLaren deteriorates further. If not the plan is to wait it out and do an IPO in 3 years.
BMW was always my bet too,but they have their own issues.
SSO.:Whoopsy:SSO.:I would think that's at least a few years off. Why would they want/need Aston Martin right now? Is a right size mess.
Cause right now Aston is worth less than 1/10th of what it was not 2 years ago. You are paying pennies on the dollar.
It's already using AMG engines and Mercedes parts inside, and Mercedes don't really have a prestige brand in it's portfolio.
The only other choice would be McLaren but they already invested in Aston first.
The game of music chair has started, and McLaren really needs to find a chair soon.
If you take full ownership control then you assume all the debt & obligations so Aston is still far from cheap.
I would not be surprised is McLaren and BMW start eyeing each other if the situation at McLaren deteriorates further. If not the plan is to wait it out and do an IPO in 3 years.
Mercedes doesn't have to do an outright buyout, no need yet. Stroll actually did the hardwork already injecting cash into the company and 're-organizing'. Mercedes could just as well stand behind Stroll in the shadow.
BMW already have Rolls Royce, they don't need another halo brand, McLaren do not fit in at all, nothing on a BMW corporate product can be integrated into any McLaren, and nothing McLaren provide will fit BMW either.
Japanese won't buy them, they never buy stuff anyways. The French are broke. That leaves the Chinese as the only logical destination. They have the money, and Indians already owned JLR. But whether the Chinese actually want McLaren is another story.
Whoopsy:SSO.:Whoopsy:SSO.:I would think that's at least a few years off. Why would they want/need Aston Martin right now? Is a right size mess.
Cause right now Aston is worth less than 1/10th of what it was not 2 years ago. You are paying pennies on the dollar.
It's already using AMG engines and Mercedes parts inside, and Mercedes don't really have a prestige brand in it's portfolio.
The only other choice would be McLaren but they already invested in Aston first.
The game of music chair has started, and McLaren really needs to find a chair soon.
If you take full ownership control then you assume all the debt & obligations so Aston is still far from cheap.
I would not be surprised is McLaren and BMW start eyeing each other if the situation at McLaren deteriorates further. If not the plan is to wait it out and do an IPO in 3 years.
Mercedes doesn't have to do an outright buyout, no need yet. Stroll actually did the hardwork already injecting cash into the company and 're-organizing'. Mercedes could just as well stand behind Stroll in the shadow.
BMW already have Rolls Royce, they don't need another halo brand, McLaren do not fit in at all, nothing on a BMW corporate product can be integrated into any McLaren, and nothing McLaren provide will fit BMW either.
Japanese won't buy them, they never buy stuff anyways. The French are broke. That leaves the Chinese as the only logical destination. They have the money, and Indians already owned JLR. But whether the Chinese actually want McLaren is another story.
There eis a bit of history with BMW though. It is a BMW V12 in the back of the McLaren F1. It would make some since to share next generation engine tech across both brands.
May 27, 2020 8:09:07 AM
the-missile:spudgun:Google is your friend:
After retirement, Wolff focused heavily on investment, even founding two companies. Both companies primarily focused on investments on internet and technology.
However, from 2003 onwards Wolff concentrated on strategic investments in medium-sized industrial and listed companies. Some Investments include the German HWA AG, who runs the Deutsche Tourenwagen Masters race program for Mercedes-Benz.
Other investments include BRR Rallye Racing, one of the largest rally parts dealers in Europe. Wolff is also co-owner of a sports management company with former F1 champion Mika Häkkinen.
So, you put your money into Rally Racing and you become a billionaire
Or almost broke... If it were that easy...
My former mentor Ronald Holzer made if far though as well.
https://www.holzer-gruppe.com/en/about-holzer
RC (Germany) - Rennteam Editor Lamborghini Huracan Performante (2019), Mercedes GLC63 S AMG (2020), Mercedes C63 S AMG Cab (2019), Range Rover Evoque Si4 Black Edition (2019)