Toto Wolff sells final shares in Williams to US healthcare executive

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Mercedes Formula 1 team boss Toto Wolff has sold his last remaining shares in Williams to American businessman Brad Hollinger.

Wolff first invested in Williams in 2009 before joining Mercedes in 2013 as an executive director and agreed to gradually sell off his shares in the British team.

Wolff first sold 5% of his 15% stake to American healthcare executive Hollinger back in June 2014, before selling another 5% prior to the 2015 season.

In a press release issued earlier this week, Wolff confirmed that he had now sold his final shares in Williams to Hollinger, cutting all ties with the team.

“I am surprised how emotional I am about this day, to be cutting my final business ties to Sir Frank [Williams] and to the team at Williams,” Wolff said.

“Having entered the team from a pure investment perspective, I soon found myself in a much more active role, helping to restructure this great independent Formula 1 team.

“I am proud to have joined the sport with a team of true passionate racers, where we had to make spot-on decisions for the future of the business and its employees.

“I learned some lessons the hard way, but they were all valuable for understanding the industry.”

Wolff expressed his faith in Hollinger as an investor before wishing Williams the best of luck for the future.

“It was always important to find the right investor, who was doing it for the right reasons. Brad is that guy,” Wolff said.

“He’s a serious businessman with the right long-term perspective about Williams and Formula 1, and a true passion for racing. I wish him and everybody at Williams all the best for the future.

“I will always remember this period with thanks for the lessons I learned from Sir Frank and his team – it was a great privilege to be part of the Williams story.”

Starting lineup grid for IMSA Petit Le Mans: Tom Blomqvist puts MSR on pole position

Petit Le Mans lineup
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IMSA WeatherTech SportsCar championship contender Tom Blomqvist put the Meyer Shank Racing Acura at the front of the starting lineup for the Motul Petit Le Mans at Michelin Road Atlanta.

Blomqvist turned a 1-minute, 8.55-second lap on the 2.54-mile circuit Friday to capture his third pole position for MSR this season. Earl Bamber qualified second in the No. 02 Cadillac for Chip Ganassi Racing.

Ricky Taylor was third in the No. 10 Acura of Wayne Taylor Racing, which enters Saturday’s season finale with a 19-point lead over the No. 60 of Blomqvist and Oliver Jarvis (who will be joined by Helio Castroneves) for the 10-hour race.

PETIT LE MANS STARTING GRID: Click here for the starting lineup l Lineup by car number

PETIT LE MANS: Info on how to watch

With the pole, MSR sliced the deficit to 14 points behind WTR, which will field the trio of Taylor, Filipe Albuquerque and Brendon Hartley in Saturday’s race.

“We really needed to put the car in this kind of position,” Blomqvist said. “It makes our life a little less stressful tomorrow. It would have given the No. 10 a bit more breathing space. It’s going to be a proper dogfight tomorrow. The guys gave me such a great car. It’s been fantastic this week so far, and it really came alive. I’m hugely thankful to the boys and girls at MSR for giving me the wagon today to execute my job.

“That was a big effort from me. I knew how important it was. It’s just awesome for the guys to give them some sort of reward as well. It’s always nice to be quick. If you do the pole, you know you’ve got a quick car.”

Though WTR has a series-leading four victories with the No. 10, MSR won the Rolex 24 at Daytona and has five runner-up finishes along with its three poles.

The strong performances of the ARX-05s ensure that an Acura will win the final championship in IMSA’s premier Daytona Prototype international (DPi) division, which is being rebranded as Grand Touring Prototype in the move to LMDh cars next season.

Taylor qualified third despite sliding into the Turn 5 gravel during the closing minutes of qualifying while pushing to gain points.

“Qualifying was important for points,” Taylor said. “Going into it, if we outqualified the No. 60 Meyer Shank Acura, they had a lot to lose in terms of championship points. So, we were trying to increase the gap over 20 points which would’ve made a big difference for tomorrow. We would have loved to get the pole and qualify ahead of the No. 60, but in the scheme of the points, it didn’t change a whole lot. I’m feeling good since it’s such a long race, and the No. 10 Konica Minolta Acura team does such a good job strategizing and putting us in a good position.

“I’m very confident in our lineup and our team compared to them over the course of 10 hours. I’d put my two teammates up against those guys any day. I think we are all feeling optimistic and strong for tomorrow.”

In other divisions, PR1 Mathiasen Motorsports (LMP2), Riley Motorsports (LMP3), VasserSullivan (GTD Pro) and Paul Miller Racing (GTD) captured pole positions.

The broadcast of the 10-hour race will begin Saturday at 12:10-3 p.m. ET on NBC, moving at 7 p.m. to USA Network. Peacock will have flag-to-flag coverage.


QUALIFYING

Results

Results by class

Fastest lap by driver

Fastest lap by driver after qualifying

Fastest lap by driver and class after qualifying

Fastest lap sequence in qualifying

Best sector times in qualifying

Time cards in qualifying

PRACTICE RESULTS: Session I l Session II l Session III