Wolff looked into buying Toro Rosso

By on Friday, May 10, 2013

Toto Wolff turned down Dietrich Mateschitz when the Red Bull magnate offered to sell him Toro Rosso.

Wolff, who subsequently bought into Williams and is now Mercedes' new co-owner and motor sport director, said billionaire Mateschitz made the approach in 2009.

"One day, Dietrich Mateschitz landed by helicopter and offered to sell me Toro Rosso," Austrian Wolff told the French news agency AFP.

"With my company in Vienna, we analysed the business model of Toro Rosso, but having a private team doesn't work when you compare it to the hundreds of millions of euros spent by the manufacturers," he said.


If you liked this post then share it with your friends on social media websites. You can also follow us on Facebook and Twitter to stay up to date with the latest F1 news.

On this day
  • Jacky Ickx won the 1970 Mexican Grand Prix.
  • Dan Gurney won the 1964 Mexican Grand Prix.
  • Riccardo Patrese won the 1992 Japanese Grand Prix.