With three teams battling out at the front of the field, Toto recognises how challenging this season will be. But it's a challenge that the team is relishing.
"The 2018 Formula One season is set to be a celebration of everything we love about motor racing," he said. "Three teams are fighting fiercely for race wins.
"We've witnessed exciting races with nail-biting overtakes. The fastest F1 cars in history, driven by some of the best drivers this sport has seen.
"So far, this year has all the ingredients for one of those legendary F1 seasons - a season that fans will look back on with smiles on their faces in years to come.
"And it's not just the fans at home or at the race track who are excited - we feel the same. And we know that we have a massive challenge on our hands.
"Last year, we were in a tough fight with Ferrari. However, it was nothing compared to the intensity of this year's battle."