Mercedes F1 boss Toto Wolff invests $15.7 million in Aston Martin

Mercedes-AMG Petronas Formula One team chief Toto Wolff has invested in struggling English supercar brand Aston Martin. The Austrian’s investment – reportedly in the vicinity of £8 million (AU$15.7 million) – represents a 4.77 per cent ownership of Aston Martin for Wolff, however Reuters reports that stake will be reduced to approximately 0.95 per cent later this week following the finalisation of other investor fundings.