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Toto Wolff The latest F1 news about Toto Wolff | Mercedes Team Principal

With a track record of success spanning from the longest winning streak for any Team Principal in Formula 1 to race victories of his own at the Nurburgring and a storied investment career, Mercedes’ Toto Wolff has the CV to match his trophy cabinet.

Wolff seething at Horner after Russell-Verstappen intervention
Wolff seething at Horner after Russell-Verstappen intervention
3
Wolff defends Ben Sulayem over mass FIA exits
Wolff defends Ben Sulayem over mass FIA exits
1
Wolff details expectation for 'emotional' Hamilton farewell
Wolff details expectation for 'emotional' Hamilton farewell
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Hamilton Mercedes legacy 'transcends' F1 - Wolff
Hamilton Mercedes legacy 'transcends' F1 - Wolff
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Wolff pitches FIA 'reality show' after recent drama
Wolff pitches FIA 'reality show' after recent drama
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Wolff hits out at ‘idiot’ fans over Hamilton sabotage theory
Wolff hits out at ‘idiot’ fans over Hamilton sabotage theory
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Wolff questions ‘brutal’ Norris penalty
Wolff questions ‘brutal’ Norris penalty
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Wolff reveals root cause of long-term Hamilton struggle
Wolff reveals root cause of long-term Hamilton struggle
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Wolff delivers McLaren striking Russell warning
Wolff delivers McLaren striking Russell warning
0
Schumacher to leave Mercedes F1 role
Schumacher to leave Mercedes F1 role
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Mercedes address Hamilton Ferrari test denial
Mercedes address Hamilton Ferrari test denial
3
Wolff confirms Hamilton talks after ‘shelf life’ remark
Wolff confirms Hamilton talks after ‘shelf life’ remark
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Wolff reveals 'strange' Mercedes advantage in dominant Las Vegas one-two
Wolff reveals 'strange' Mercedes advantage in dominant Las Vegas one-two
0
Wolff hands Mercedes instruction after Russell 'winter' pole
Wolff hands Mercedes instruction after Russell 'winter' pole
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Wolff labels Mercedes 'dirty track champions'
Wolff labels Mercedes 'dirty track champions'
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New F1 entry handed demand by existing teams
New F1 entry handed demand by existing teams
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Mercedes and Ferrari forced into F1 change after Red Bull request
Mercedes and Ferrari forced into F1 change after Red Bull request
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Hamilton takes aim at F1 media: ‘Nothing can take me down’
Hamilton takes aim at F1 media: ‘Nothing can take me down’
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Wolff issues clarification over Hamilton F1 'shelf life' remark
Wolff issues clarification over Hamilton F1 'shelf life' remark
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Wolff criticises Horner over FIA inquiry into wife Susie
Wolff criticises Horner over FIA inquiry into wife Susie
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Toto Wolff in motorsport

The polymathic executive was born in Vienna, Austria in 1972 and first became involved in the motorsport business in his late teens after watching a friend race at the Nurburgring. A few years later Wolff would go from the grandstands to the podium, winning his class at the famous German track’s 24 hour race in 1994 after launching his racing career in the Austrian Formula Ford Championship and the German Formula Ford Series.

Three years after his victory, Wolff swapped the pitlane for the boardroom, finding a new outlet in the investment world and setting up his first company, Marchfifteen, in 1998 during the 'dotcom boom'.

In the early 2000s, the Austrian began to merge his interests in business and racing, founding a driver management company with former F1 driver Mika Hakkinen in 2002 and playing a role in the initial public offering of German racing team HWA AG.

Shareholder and team director of Williams

With a litany of successes behind him and enhanced financial firepower Wolff entered Formula 1 in 2009 with an investment in Williams, becoming the team’s executive director in 2012 and overseeing its first race win in eight years at the Spanish Grand Prix.

He had fully divested his original ownership interest in the team by 2016, but last year announced he had bought a small stake in Williams as the independent team upped its cooperation with Mercedes for 2021 to include the supply of gearbox and other components in addition to the power unit.

Toto Wolff Team Principal of Mercedes

In 2013, Mercedes announced that Wolff would be joining the Silver Arrows as its new team director with a 30 per cent stake in the GP operation, a move that would come to form the most successful team in the sport for the last decade.

Subsequently, he was given responsibility for the German manufacturers’ overall motorsport operation and has since overseen a record eight straight constructors’ and drivers’ championships in Formula 1 with Lewis Hamilton at the wheel. At the end of 2023, Wolff signed a deal to stay with the manufacturer for a further three years.

How will Toto Wolff perform als Mercedes Team Principal in 2024?

Challenges for Mercedes in 2022

In 2022, Mercedes' dominance comes to an end and Red Bull Racing strikes back. They win the constructors' title in 2022. Mercedes finishes in third place, behind Ferrari. This season they have had many problems with the car. For example, drivers Lewis Hamilton and George Russell complained of porpoising, which seemed to be a recurring problem.

It seems that Mercedes have not yet regained their dominance during the 2023 season either after the first two races. After the first race in Bahrain, Wolff makes the statement that it was one of the worst days ever for racing and that they need to work very hard.

Married to Susie Wolff

Wolff has been married to Susie Wolff since 2011. She is a former professional racing driver and has been, among other things, a test driver for Williams. She has also been team boss for the Venturi Racing team in Formula E. She is currently Managing Director of the F1 Academy, a racing class specifically for women.

Son Jack Wolff

Susie and Wolff had their son Jack Wolff together in 2017. From a previous marriage, Toto Wolff has two more children.

Net worth Toto Wolff

Wolff may recently [April 2023] call himself a billionaire reports business magazine Forbes. The magazine also indicates that this makes Wolff one of the richest 2,500 people on earth. Lawrence Stroll, however, is only a lot above Wolff. His wealth is estimated at as much as $3.6 billion.

Toto Wolff news | Team Principal Mercedes

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