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Authorities probe Wolff-Stroll F1 financial deal
Aug.24 Authorities have opened a financial probe involving two of Formula 1's most powerful figures – team chiefs Toto Wolff and Lawrence Stroll. According to Le Journal de Montreal, the investigation involves Mercedes boss and 33 percent team owner Wolff having bought into fellow team boss Stroll's Aston Martin brand last year. The Canadian newspaper cited as its source Germany's federal financial supervisory authority BaFin, who instigated the probe. 'The reason for this review is the possible suspicion of insider trading,' said correspondent Jean-Francois Cloutier. It is reported that the case has now been passed on to the UK's financial conduct authority, as Aston Martin's...
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