Monday, January 21, 2013
Wolff moves to Mercedes from Williams F1 team
Williams founder Frank Williams (front) poses with non-executive Director Toto Wolff (L-R), co-founder Patrick Head and Chairman Adam Parr beside a Formula One car in London February 9, 2011. REUTERS/Toby MelvilleLONDON (Reuters) - Williams shareholder and executive director Toto Wolff is leaving to take a new role with rivals Mercedes, the Formula One team said on Monday.
Wolff will relinquish his seat on the company's board but will retain his shareholding, Williams added in a statement.
(Reporting by Alan Baldwin, editing by Mitch Phillips)
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