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Wolff appeals to shareholders
TJ13 reported recently that Daimler Benz has received heavy criticism from a number of its institutional investors for running a team in Formula 1. They object to racing in certain countries where human rights are not respected and further at the cost they see as diminishing shareholder value.
Toto Wolff speaks out in defence of the Stuttgart board. Whilst recognising that the views of shareholders should be considered he argues from a cost/value benefit the global car manufacturer will eventually benefit.