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Toto Wolff Hints at Sebastian Vettel Following in His Footsteps at Aston Martin

Says 'Signing him may have a different motive'

15w ago
4.3K

Hello!This is the first time I'm writing something related to F1.Hope you enjoy it!!

Sebastian Vettel is all set to join the ranks of the freshly minted Aston Martin F1 team in 2021.The news of the German racing in the ‘Pink Mercedes’ next year has pushed a ray of hope through his season’s dark days.However,it is not just the race fans that are happy but also the shareholders back at Aston Martin.

The advertising and promotion business is as old as F1 itself.The cars and the bodysuits overcrowded with Sponsors all around,Millions of Dollars for simple brand promotion.However,it isn’t as petty as it seems.Recently,Toto Wolff spoke of how Vettel joining Aston Martin will help the company.

“Sebastian is first and foremost a racing driver.It’s about the performance on the track.That doesn't mean he might not buy a few shares,especially if the company is still valued LOW.This oppurtunity is there,of course"-remarked Wolff.

“Sebastian is first and foremost a racing driver.It’s about the performance on the track.That doesn't mean he might not buy a few shares,especially if the company is still valued LOW.This oppurtunity is there,of course"

-totto wolff

Sebastian Vettel allegedly agreed to a brand ambassador deal with Aston Martin and pumped his annual salary by €4.2 million.His annual package at Racing Point was not satisfactory,and thus his decision benefited both parties involved. \The company is aware that names sell stocks,keeping that in mind that Vettel’s name shall offer the English manufacturers a tremendous boost.

Signing Sebastian Vettel may have a different motive.......

The company witnessed a drop in its share value over the course of the last two years.Therefore,this signing of Vettel can significantly pull up the price.The possibility of Vettel buying a few shares cannot be ruled out either.

"He understands the impact of his name,and thus he would like some of that return to flow directly back to him. I also have shares in Aston Martin.From a perspective,I think that is great. Because Germany is the second most important market.,”said the Mercedes Team Principal.He declared the fact that Vettel becoming a brand ambassador at Aston Martin may send the undervalued share price through the roof.

Sebastian Vettel’s transfer to Racing Point had various impacts.They relieved Checo of his seat.However,it might be probable it was not Racing Point but Aston Martin themselves pushing for the deal.

Do you agree with Wolff that this is a huge opportunity for Aston Martin??Comment it below!!t

Thanks for reading my 1st article on F1😁😁.Ciao!!

P.S.If this news is old,I'm sorry😢!!

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Comments (26)

  • Maybe he just wants to invest so he can make a cameo in the next Bond film.

      3 months ago
  • James Bond: “So, Baron von Vettel, you expect me to talk?”

    Vettel: “No Mr. Bond, I expect you to die” (evil laugh)

    😂🤣😂

      3 months ago
  • C'mon seb!

      3 months ago
  • How big an opportunity this is for Aston Martin depends on which version of Vettel they get - if he can rediscover the old (Red Bull) Vettel then happy days...

      3 months ago
  • Morr preferably Bond

      3 months ago
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