Las Vegas, Nevada, November 22, 2025
George Kurtz, the CEO of CrowdStrike, has acquired a 15% stake in the Mercedes Formula 1 team, marking a new chapter in the team’s history. With a valuation of $6 billion, this partnership aims to leverage technological advancements and enhance Mercedes’ competitive edge, particularly in the U.S. market. Kurtz will serve as a technology advisor and member of the strategic steering committee, while Toto Wolff continues as principal and CEO. The Las Vegas Grand Prix will be the first race under this new ownership structure.
George Kurtz Joins Mercedes F1 Team as Co-Owner
Strategic Acquisition Marks New Era for Formula 1
Las Vegas, Nevada – In a significant move for the world of motorsport, George Kurtz, CEO and founder of cybersecurity firm CrowdStrike, has acquired a 15% stake in the esteemed Mercedes Formula 1 team, valuing the team at an impressive $6 billion. This acquisition positions Kurtz as a co-owner alongside Mercedes-Benz and INEOS, with all three entities holding equal one-third shares within the organization. The announcement came just ahead of the Las Vegas Grand Prix, signaling an exciting development for F1 fans as George Russell, driving for Mercedes, returns as the defending race winner.
Kurtz, who has an impressive background as an amateur endurance racer, brings a wealth of experience to the table. He is set to serve as the technology advisor for the team and will participate as a member of the strategic steering committee. His focus will be on leveraging technological advancements to enhance team performance and strategically grow Mercedes’ presence in the crucial U.S. market.
Growth through Investment
This acquisition by Kurtz is reflective of the broader trend of increasing investments in Formula 1, as teams recognize the importance of technological expertise paired with competitive performance. The partnership between Mercedes and CrowdStrike, which has been in place since 2019, is now poised to strengthen further, merging the dynamic worlds of racing and cybersecurity. This collaboration is expected to provide Mercedes with a competitive edge, particularly as they navigate the evolving technological landscape of motorsport.
Kurtz’s Role in the Team
As technology advisor, Kurtz will be instrumental in steering the team towards innovative solutions that can improve performance on the track. His role on the strategic steering committee will empower him to influence key decisions and enhance the team’s operational capabilities, bridging the gap between high-performance racing and cutting-edge technology.
Leadership Continuity with Toto Wolff
Despite the changes in ownership dynamics, Toto Wolff will continue to lead the team as its principal and CEO. His ongoing role provides stability and continuity in the team’s governance, ensuring that the established success and culture of the Mercedes F1 team remain intact while also embracing new perspectives and innovations brought in by Kurtz.
The Impact of the Las Vegas Grand Prix
This weekend’s Las Vegas Grand Prix will mark the first race conducted under the new ownership structure. Fans and pundits alike are keenly anticipating how this partnership will materialize on the track, as Kurtz’s contributions begin to take shape and influence the team’s strategy and performance in this high-stakes environment.
Concluding Thoughts
The acquisition of a stake in the Mercedes F1 team by George Kurtz represents not only a personal achievement for him but also a significant step toward fostering innovation and financial stability within the world of motorsports. As such investments continue to inject vitality into teams, they illustrate a positive narrative about entrepreneurial spirit and private investment driving the growth and evolution of sectors as dynamic as Formula 1. Local businesses and entrepreneurial ventures in Arizona can draw inspiration from this high-profile collaboration, recognizing the untapped potential in embracing innovation and strategic partnerships.
Frequently Asked Questions (FAQ)
Who is George Kurtz?
George Kurtz is the CEO and founder of cybersecurity firm CrowdStrike. He has a background in amateur endurance racing and has been a partner of Mercedes since 2019. He has now acquired a 15% stake in the Mercedes Formula 1 team, valuing the team at $6 billion.
What is the significance of this acquisition?
The acquisition makes Kurtz a co-owner of the Mercedes Formula 1 team, alongside Mercedes-Benz and INEOS, each holding an equal one-third share. This partnership is expected to enhance the team’s technological capabilities and expand its presence in the U.S. market.
What role will Kurtz play in the team?
Kurtz will serve as the team’s technology advisor and join the strategic steering committee, contributing to the team’s strategic decisions and technological advancements.
How does this affect Toto Wolff’s position?
Toto Wolff will continue in his role as team principal and CEO, maintaining the team’s leadership and governance structure.
When is the next race under this new ownership?
The next race is the Las Vegas Grand Prix, taking place this weekend, marking the first race under the new ownership structure.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Acquirer | George Kurtz, CEO and founder of CrowdStrike |
| Stake Acquired | 15% of Toto Wolff’s one-third stake in Mercedes F1 |
| Team Valuation | $6 billion |
| Role of Kurtz | Technology advisor and member of the strategic steering committee |
| Impact on Team Leadership | Toto Wolff remains team principal and CEO |
| Next Race | Las Vegas Grand Prix, this weekend |
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George Kurtz Acquires Stake in Mercedes Formula One Team
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