Mercedes Formula 1 boss Toto Wolff says that his investment in Aston Martin was simply a move to take advantage of the low stock prices and nothing more.
When news broke that Wolff had invested £37 million in Aston Martin, rumours intensified that the Austrian was on the brink of moving to Racing Point, the team that will become the Aston Martin Formula 1 team in 2021.
“The stocks are very low right now and the new product line is great,” Wolff told Austrian paper Osterreich.
“It is a personal financial investment in an automobile manufacturer that has nothing to do with Formula 1. And after [coronavirus] there will be a normal time when people will buy cars again.”