Kurtz Becomes Co-Owner of Mercedes-AMG F1 Team

Photo: Jiri Krenek/Mercedes-AMG

George Kurtz has become a minority owner of the Mercedes-AMG Formula 1 team, with the CrowdStrike co-founder and CEO personally purchasing a 15 percent stake in the ownership entity controlled by team principal Toto Wolff.

Wolff holds one-third of team in partnership with Mercedes-Benz and global chemical company INEOS.

Kurtz also joins the team’s strategic steering committee alongside chairman of the board of management of Mercedes-Benz Group AG Ola Kallenius, INEOS group founder and chairman Sir Jim Ratcliffe, and Wolff.

The governance of the team remains unchanged, and Wolff continues in all existing executive roles.

Kurtz is well known in the sports car racing world as one of the top Bronze-rated drivers, competing in the IMSA WeatherTech SportsCar Championship LMP2 class, as well as being involved in SRO Motorsports Group, not only with his company’s sponsorship of the CrowdStrike 24 Hours of Spa, but also being a regular competitor in a Mercedes-AMG GT3 Evo, primarily in GT World Challenge America powered by AWS.

He is also set to return to the 2025-26 Asian Le Mans Series in a CrowdStrike by APR Oreca 07 Gibson with co-drivers Malthe Jakobsen and Louis Deletraz this winter.

“Winning in racing and cybersecurity requires speed, precision, and innovation,” said Kurtz. “Milliseconds matter. Execution counts. Data wins.

“Technology is reshaping competitive advantage and human capability everywhere, including motorsport. I’m excited to help the team securely accelerate forward.”

Kurtz’s ownership builds on years of strategic partnership since cybersecurity firm CrowdStrike became a global partner with the Mercedes-AMG F1 Team in 2019.

Wolff added: “George’s background is unusual in its breadth: he’s a racer, a loyal sporting ambassador for Mercedes-AMG, and an exceptional entrepreneur. He understands both the demands of racing and the realities of building and scaling technology businesses.

“That combination brings specific insight that is increasingly relevant to the future of Formula One.”

John Dagys

John Dagys is the founder and Editor-in-Chief of Sportscar365. Dagys spent eight years as a motorsports correspondent for FOXSports.com and SPEED Channel and has contributed to numerous other motorsports publications worldwide. Contact John