Toto Wolff is the CEO, Team Principal and co-owner of the Mercedes-AMG Petronas F1 Team.
From humble surroundings in Vienna, Austria, Toto’s first taste of motorsport came at the age of 17, when he watched a friend compete at the Nürburgring in Germany. As well as a short single-seater racing career in his early 20s, Toto has competed successfully in national rallying, touring cars, and world championship GT racing. He is a class winner of the Nürburgring 24 Hours and Spa 6 Hours, and an overall winner at the Dubai 24 Hours.
After dropping out of the Vienna University Economics and Business, Toto founded one of the earliest tech-focused venture capital firms in Europe making a string of high-profile deals in the late 1990s and early 2000s.
Among other investments, Toto and company founder Hans-Werner Aufrecht co-owned HWA AG – the motorsport engineering expertise behind 10 DTM titles for Mercedes-Benz, over 450 Formula 3 race wins and one of the world’s most successful GT customer racing programmes. Toto divested his stake in HWA in 2015.
By this time, Toto had also created a racing driver management company with former F1 world champion Mika Häkkinen, and in 2009 he entered Formula One by acquiring a stake in the Williams F1 Team. He became Executive Director of the team in 2012, when it took its last race victory to date at that year’s Spanish Grand Prix.