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Wolff, Lauda extend
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TWO leading officials at Formula One team Mercedes have signed new contracts through 2020. The world champion announced yesterday that Toto Wolff, the head of motorsport, and Niki Lauda, the non-executive chairman, have renewed their deals. Wolff joined Mercedes from Williams in February 2013 and owns 30 percent shares in the team. Lauda started at Mercedes in late 2012 and holds a 10 percent stake.
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