Crowdstrike CEO and founder George Kurtz has bought a minority stake within the Mercedes-AMG Petronas F1 workforce, and been appointed Know-how Advisor.
Kurtz has bought a 15% minority curiosity within the possession entity managed by Toto Wolff, which owns one third of the workforce alongside Mercedes-Benz and INEOS. The buy-in doesn’t have an effect on the workforce’s governance, and Wolff will proceed in his current government roles.
“Profitable in racing and cybersecurity requires pace, precision, and innovation. Milliseconds matter. Execution counts. Knowledge wins,” stated Kurtz. “Know-how is reshaping aggressive benefit and human functionality all over the place, together with motorsport. I am excited to assist the workforce securely speed up ahead.”
Kurtz’s possession continues a relationship that started when Crowdstrike first joined the workforce as a know-how associate in 2019.
“George’s background is uncommon in its breadth: he’s a racer, a loyal sporting ambassador for Mercedes-AMG, and an distinctive entrepreneur,” stated Wolff.
“He understands each the calls for of racing and the realities of constructing and scaling know-how companies. That mixture brings particular perception that’s more and more related to the way forward for Formulation 1.”
Along with his entrepreneurship and safety experience, Kurtz has constructed a racing resume that features wins and championships throughout a number of collection, primarily in LMP2 and GT lessons.
