In 2002, Toto started a new venture, co-owning a racing driver management company alongside two-time Formula One World Champion Mika Häkkinen. The same year, Toto returned to racing, winning once en route to sixth in the FIA GT World Championship. Further success followed in 2006, when Toto claimed top overall honours at the 24 Hours of Bahrain.
In November 2009, Toto merged his passion for racing and investment by investing in the Williams F1 Team. By July 2012, Toto was the Executive Director of the team, playing a key leadership role as Williams scored its first win in eight years at the Spanish Grand Prix that season.
Less than a year later, after being asked to analyse their Formula One performance by the Daimler AG Board, Toto was appointed Managing Partner of the Mercedes F1 Team and acquired a 30% stake in the Brackley-based team alongside co-shareholder Niki Lauda. At the same time, he assumed the role of Head of Mercedes-Benz Motorsport, with overall responsibility for the company’s works motorsport programmes, which today include Formula 1 and Formula E. At the end of the 2020 F1 season, it was announced that Toto had increased his stake in the team, with Toto, INEOS and Daimler AG all holding one-third equal shareholding. Under the new structure, it was confirmed Toto will remain in his role as Team Principal and CEO for a further three years.
An entrepreneur, an investor and a racer, motorsport runs in Toto Wolff’s blood. Under his leadership, the Mercedes-AMG F1 Team has clinched eight consecutive Formula One Constructors’ Championships (2014-2021) and seven consecutive Drivers’ Championships (2014-2020).