The Briton eased his Mercedes across the line 6.2 seconds ahead of Ferrari's Sebastian Vettel, with Max Verstappen, who started 16th, finishing a surprise third for Red Bull.
As part of the transaction, Daimler will reduce its stake from 60%, while Wolff will up his shareholding from 30%, the statement said.
Lewis Hamilton won a crazy, twice-halted Saudi Arabian Grand Prix for Mercedes on Sunday to go level on points with Red Bull rival Max Verstappen and set up a winner-takes-all title showdown.
Max Verstappen took full advantage of an engine failure for Ferrari's Charles Leclerc to win the Azerbaijan Formula One Grand Prix.
The Saudi Arabian Grand Prix is the penultimate race on this year's Formula One calendar
German Nico Rosberg eased to victory in a chaotic Belgian Formula One Grand Prix on Sunday.
Oliveira leaves it late to snatch win at Styrian Grand Prix.
Lewis Hamilton dominated Sunday's Hungarian Grand Prix from pole position, with a bonus point for fastest lap, to take a five point lead over Bottas, the winner of the Austrian season-opener.
Hamilton decided to take matters into his own hands and pass several cars ahead of him, without gaining anything as Verstappen's time stood the test.
Ferrari's Charles Leclerc qualified fourth with Mexican Sergio Perez, Verstappen's closest title rival and team mate but a massive 151 points adrift after 15 of 22 rounds, fifth and 0.773 off his team mate's pace.
Red Bull's Max Verstappen won a wet and crazily chaotic German Grand Prix littered with crashes and safety car periods on Sunday with Mercedes' Formula One leader Lewis Hamilton failing to score.
Max Verstappen signed off on a dominant 2022 Formula One campaign with a record-extending 15th win of the year
Defending champions Inter Milan secured a 2-1 home win against Udinese in Serie A on Sunday with first-half goals from Marko Arnautovic and Davide Frattesi.
A red letter day for Formula One glamour team Ferrari this weekend provides the perfect occasion for Felipe Massa to rekindle his Turkish Grand Prix love affair. Sunday's seventh round of the season will be the scuderia's 800th Grand Prix, a milestone no other team is close to matching, and the Italians would dearly love to celebrate in style.
Lewis Hamilton lapped in a league of his own on Saturday to seize pole position for the title-deciding Abu Dhabi Formula One Grand Prix with Mercedes team mate and championship favourite Nico Rosberg joining him on the front row.
Britain's Lewis Hamilton won a wet and sombre Japanese Grand Prix on Sunday to extend his Formula One lead over Mercedes team mate Nico Rosberg to 10 points with four races remaining.
The Dutchman won a maiden Formula One title after a last-lap overtake on Mercedes rival Lewis Hamilton in Abu Dhabi.
Mercedes' Lewis Hamilton said on his team radio, "This has been manipulated," after the Briton was passed by Max Verstappen on the final lap of Sunday's controversial season-ending Abu Dhabi Grand Prix.
Triple Formula One world champion Lewis Hamilton won the Hungarian Grand Prix on Sunday to seize the championship lead from team mate Nico Rosberg for the first time this season.
The governing FIA and sport's commercial rights holders Liberty Media have suggested a reverse-grid qualifying race on the second Saturday to decide that Sunday's starting order and add to the excitement.
Formula One's governing body will investigate Sunday's Italian Grand Prix crash between title contenders Max Verstappen and Lewis Hamilton because it was 'unusual', according to race director Michael Masi.
Lewis Hamilton won the Chinese Grand Prix to seize the overall lead from his Mercedes team mate Valtteri Bottas in Formula One's 1,000th world championship race on Sunday.
Formula One leader Max Verstappen handed his Red Bull team a home pole position for Saturday's sprint race at the Austrian Grand Prix after Mercedes rivals Lewis Hamilton and George Russell crashed in qualifying.
Quadruple Formula One world champion Sebastian Vettel says he is living a boyhood dream after completing his first weekend at Maranello as a Ferrari driver.
Mexican Sergio Perez qualified second for Force India but will drop five places due to an unscheduled gearbox change after he crashed in final practice on the Baku street circuit.
Red Bull's Sebastian Vettel completed a practice hat-trick on Saturday with the fastest time in a smog-shortened final session before qualifying for a race expected to bring him a fourth successive Formula One title.
India's Karun Chandhok soaked tremendous pressure to score his first race win of the 2008 GP2 Series in Hockenheim on Sunday. Chandhok came under intense pressure from Andi Zuber of Piquet Sports for the last 20 laps of the race, but Karun kept his cool for a fantastic victory for the iSport International team.
Red Bull's Sebastian Vettel won the Japanese Grand Prix on Sunday and blew the Formula One championship wide open with five races remaining after Ferrari's Fernando Alonso spun out at the start.
For the first time in F1 history, two four-time champions are on the same grid and vying for their fifth title.
Verstappen leads seven times world champion Hamilton by six points with six races remaining and the pole at Austin's Circuit of the Americas was the ninth of the season for the Dutch 24-year-old -- and eighth in the last 11 races.
Max Verstappen won the Spanish Grand Prix from pole position to stretch his Formula One championship lead to 53 points.
Six-times world champion Lewis Hamilton dominated the Styrian Grand Prix in a Mercedes one-two on Sunday to celebrate his 85th Formula One win and move a step closer to Michael Schumacher's record of 91 victories. Finnish Team mate Valtteri Bottas, winner of last weekend's season-opener behind closed doors at the same Austrian circuit, finished a distant runner-up with his championship lead cut to six points.
The world of esports came to the rescue in the absence of a race in Melbourne or indeed of any single-seater series with the Formula E and IndyCar calendars also ravaged by the fast-spreading virus. Red Bull's Verstappen finished 11th in an 'All-star Esports battle' while McLaren's Norris finished sixth in another virtual race.
The victory on a hot afternoon at Le Castellet was Verstappen's seventh of the season and 27th of his career.
Dutch teenager Max Verstappen has won Formula One's Driver of the Day award for the third time in nine races after finishing second for Red Bull in Austria on Sunday.
Formula One leader Max Verstappen won the British Grand Prix on Sunday as Red Bull stayed unbeaten in 2023 and equalled McLaren's 1988 record run of 11 victories in a row.
The knockout blow in the Formula One title battle has yet to be thrown but the moment is fast approaching and Red Bull's Sebastian Vettel is landing the big psychological hits.
World champion Sebastian Vettel finally tasted Formula One success on home soil after a composed victory in Sunday's German Grand Prix although safety worries again rocked the sport after a series of incidents.
All Formula One drivers, teams and personnel have tested negative for COVID-19 ahead of the season-opening Austrian Grand Prix in Spielberg, the sport said on Saturday. Anyone entering the paddock at the Red Bull Ring must have a clean bill of health and is being tested every five days by private medical teams.
Seven-time world champion Lewis Hamilton overtook main rival Max Verstappen and Mercedes team mate Valtteri Bottas to win the Portuguese Grand Prix on Sunday and go eight points clear in the Formula One standings.