CrowdStrike CEO Buys Stake in Mercedes F1 Team

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.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.