Toto Wolff
Toto Wolff
Toto Wolff
Torger Christian "Toto" Wolff is an Austrian billionaire motor sport executive, investor, and former racing driver. He holds a 33% stake in the Mercedes-AMG Petronas F1 Team and is Team Principal and CEO of the team. Wolff began his motor sport career in the Austrian Formula Ford Championship and the German Formula Ford Series. He won his category in the 1994 24 Hours Nürburgring and later competed in the FIA GT Championship and Italian GT Championship. As an investor, Wolff founded Marchfifteen in 1998 and Marchsixteen Investments in 2004, initially focusing on Internet and technology companies. He specializes in strategic investments in medium-sized industrial and listed companies, which have included Williams F1 and German HWA AG. In April 2020, Wolff acquired a 0.95% stake in Aston Martin Lagonda Global Holdings plc as a financial investment. Wolff's partnership and operational role with Mercedes are unaffected by this transaction. In June 2020, Wolff repurchased a 5% stake in Williams F1.
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