CrowdStrike CEO Buys Stake in Mercedes F1 Team
Update: 2025-11-20
Description
CrowdStrike CEO George Kurtz acquires 15% stake in Mercedes-AMG Petronas F1 team, expanding tech involvement in motorsport. Kurtz joins as technology advisor, aiming to enhance data analytics and AI integration. The deal values the team at $6 billion, with Mercedes-Benz and INEOS retaining majority ownership. The move comes as Mercedes seeks to regain its Formula One dominance with new regulations in 2026.
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