Toto Wolff. Source: Planet F1
Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive Director. 12.12.2020. Formula 1 World Championship, Rd 17, Abu Dhabi Grand Prix, Yas Marina Circuit, Abu Dhabi, Qualifying Day. Photo credit should read: XPB/Press Association Images.

Torger Christian “Toto” Wolff is a former racing driver and investor from Austria. He owns 33% of the Mercedes AMG Petronas Motorsport Formula One Team and serves as Team Principal and CEO.

Source: Scroll.in

Early life

Wolff was born in Vienna on January 12, 1972, to a Polish mother and a Romanian father. His mother was a doctor. Despite not coming from a wealthy family, he grew up in the city and attended a French school there.

When Wolff was eight years old, his father was diagnosed with brain cancer. Following his father’s diagnosis, his parents divorced. During Wolff’s adolescence, his father died of the disease.

Career

Motorsport

Source: Reddit

Wolff began his motorsport career in the Austrian Formula Ford Championship in 1992, then moved on to the German Formula Ford Championship in 1993 and 1994. He won the 24 Hours of Nürburgring in his class in 1994. Wolff finished sixth in the N-GT category of the FIA GT Championship in 2002, winning one race.

In 2003, he moved to the Italian GT Championship, where he won a race with Lorenzo Case in 2004, while also competing in the FIA GT Championship with Karl Wendlinger. Wolff finished second in the 2006 Austrian Rally Championship and first in the 2006 Dubai 24 Hour.

Formula One

Wolff joined the Williams Formula One Team board of directors in 2009 as he purchasing a share of the team. In 2012, he was named executive director of Williams F1, and the team won its last race with Pastor Maldonado at the Spanish Grand Prix that year.

Toto Wolff left Williams F1 in January 2013 to become an executive director of the Mercedes AMG Petronas Formula One Team, with business partner Rene Berger becoming a non-executive director. In addition to joining the team as managing partner, he also purchased a 30% stake in Mercedes-Benz Grand Prix Ltd, with Niki Lauda owning the remaining 10% and the parent company owning the remaining 60%.

Toto Wolff took over the coordination of all Mercedes-Benz motorsport activities from Norbert Haug, who had previously held that position. Wolff sold two-thirds of his Williams stock to American businessman Brad Hollinger in 2014. Wolff sold his remaining shares in the Williams team on March 9, 2016.

Source: Daily Express

As co-owner of both WilliamsF1 (where wife Susie worked as a test driver until November 2015) and Mercedes Grand Prix, Wolff achieved numerous podiums and successes for both teams, including a 1–2–3–4 finish in his ‘home race’ of Spielberg, Austria, as well as a 1–2–3–4 finish in both Qualifying and Race classifications at Monza, Italy.

Mercedes won its seventh consecutive double world championship in 2020. The previous record was held by Ferrari, which won five consecutive double world championships between 2000 and 2004. Mercedes also holds the record for the most consecutive Driver’s Championships, with seven from 2014 to 2020.

Ferrari previously held this record with five titles from 2000 to 2004. Mercedes’ record of seven consecutive Constructor’s Championships was surpassed in 2020 by Ferrari’s record of six consecutive Constructor’s Championships set between 1999 and 2004. 

Mercedes-Benz had its most successful motorsport year in history in 2018. The company won both F1 titles, F2 with George Russell, European F3 with Mick Schumacher, all three DTM titles in its final season with Gary Paffett securing the drivers’ title, both F1 eSports titles, and numerous championships in customer racing.

Mercedes has won 105 of 146 races under Wolff’s leadership since the introduction of turbo-hybrid regulations in 2014. The team has won 112 of 146 poles, 71 front-row lockouts, and 214 of 292 podium finishes. Since Wolff joined Mercedes in 2013, the team has won 65 percent of its races.

Following the end of the 2020 Formula One season, Wolff signed a new contract with Mercedes that would keep him as team principal and CEO for another three years.

Other business ventures

Wolff founded the investment firms Marchfifteen (1998) and Marchsixteen (2004), both of which initially focused on investments in internet and technology companies. Wolff has focused on strategic investments in medium-sized industrial and publicly traded companies since 2003.

Among the investments is the German HWA AG, in which Wolff purchased a 49 percent stake in 2006 and listed the company on the stock exchange in 2007. The company manages Mercedes-Deutsche Benz’s Tourenwagen Masters race program and develops F3 engines and the Gullwing Mercedes-Benz SLS AMG GT3 racing car.

Other ventures include BRR Rallye Racing, one of Europe’s major rally components dealers. Wolff is also a co-owner of a sports management company with former F1 driver Mika Häkkinen and has worked with racing drivers such as Bruno Spengler, Alexandre Prémat, and Valtteri Bottas. Wolff made a financial interest in Aston Martin Lagonda Global Holdings plc in April 2020.

Wolff’s partnership and operational responsibilities with Mercedes are unchanged by this transaction. Wolff will repurchase a 5% interest in Williams F1 in June 2020.

Source: Youtube

Wolff is the vice chairman of the Mary Bendet Foundation, which was established in remembrance of a high school buddy who served as a role model for a generation of friends. The Foundation’s goals are to better the lives of poor children.

Personal life

Wolff splits his time between Oxfordshire, England, and Ermatingen, Switzerland, with his second wife, Scottish racer Susie Wolff (née Stoddart). Susie announced on Twitter on April 11, 2017, that she had given birth to their first child the day before.
Wolff is also in charge of the Mercedes EQ Formula E Team and occasionally visits Formula E races.

Source: Dailmer Sports


Wolff speaks German, English, French, Italian, and Polish fluently. He is the father of two children from a previous marriage.
In May 2021, Wolff received an Honorary Doctorate from Cranfield University for his contributions to motorsport.

Rеаl Nаmе/Full NаmеTorger Christian Wolff
Nісk Nаmе/Сеlеbrаtеd NаmеToto Wolff
Віrth Рlасе Vienna, Austria
Dаtе оf Віrth/Віrthdау12 January 1972
Аgе/Ноw Оld36 уеаrѕ оld
Неіght/Ноw Таll1.96 m (6 ft 5 in)
Wеіght165 lb / 75 kg
ЅіblіngѕКаtіа Аvеіrо, Еlmа dоѕ Ѕаntоѕ Аvеіrо, Нugо dоѕ Ѕаntоѕ
NаtіоnаlіtуРоrtuguеѕе
Маrіtаl Ѕtаtuѕmarried
Wife Susie Wolff
Кіdѕ/Сhіldrеn NаmеJack Wolff, Benedict Wolff
РrоfеѕѕіоnInvestor and former racing driver.
Nеt Wоrth$580 million
Lаѕt UрdаtеdЈuly 2021

Read more: Toto Wolff net worth: How much does the Mercedes team principal earn and where does he invest?

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