The Mercedes-AMG PETRONAS F1 Team and George Kurtz, CEO and Founder of CrowdStrike, today announced that Kurtz has become a co-owner of the team and been appointed Technology Advisor.
Through his personal acquisition of a 15% minority interest in the ownership entity controlled by Toto Wolff, which holds one third of the team in partnership with Mercedes-Benz and INEOS, Kurtz joins Mercedes-Benz, INEOS, and Toto Wolff in the team’s long-term ownership group.
Kurtz also joins the team’s strategic steering committee alongside Chairman of the Board of Management of Mercedes-Benz Group AG Ola Källenius, INEOS Group Founder and Chairman Sir Jim Ratcliffe, and Toto Wolff. The governance of the team remains unchanged, and Wolff continues in all existing executive roles.
Kurtz is an accomplished endurance racer and globally respected business leader who has built the most successful AI cybersecurity company of the modern era. As an entrepreneur, technologist, and S&P 500 CEO, he's established and scaled world-class innovation and teams. Kurtz’s combination of experience uniquely spans cybersecurity, large-scale technology operations, and professional motorsport.