Thursday, January 27, 2022

Toto Wolff net worth: How much is the Mercedes boss worth?

All the details and an insight you need to know about the team principal of Mercedes-AMG Petronas F1 Team Toto Wolff


Toto Wolff net worth: Torger Christian Wolff, also known as Toto Wolff was born on 12 January 1972 in Vienna. His mother was Polish and his father was Romanian.

Toto Wolff is married and lives with his better half. His wife, Susie Wolff is the CEO of the ROKiT Venturi Racing. Toto proposed to his wife on a boat in Venice and married in October 2011.

Toto has a child with Susie which was born on 11 April 2017 and also has two children from his previous marriage. He can speak a number of languages which are German, English, French, Italian, and Polish.

He is an Austrian motorsport executive, investor, and also a former racing driver. Toto holds a 33% stake in Mercedes-AMG Petronas F1 Team and is also the team principal and CEO of the Mercedes Formula 1 team. As of 2021, Toto Wolff’s net worth is around CHF 1.25 billion.

Formula 1 News: All you need to know about Toto Wolff
Formula 1 News: All you need to know about Toto Wolff

Formula 1 News: Toto’s time in the Motorsport

Toto Wolff started his career in motorsport in 1992 in the Austrian Formula Ford Championship. He was driving Austrian and German Formula Ford in 1993 and 1994. He also won the 24 hours Nurburgring in 1994 in his category.

In 2002 Toto Wolff finished in sixth place in the N-GT category in the FIA GT Championship and also won a race. Then later he switched to the Italian GT Championship in 2003. He won a race in 2004 with Lorenzo Case and he also teamed up with Karl Wendlinger in the FIA GT Championship.

Toto Wolff was the runner-up in the Austrian Rally Championship in 2006 and he also won the Dubai 24 Hour. He was also the instructor at the Walter Lechner Racing School and in 2009 he became the lap-record holder on the Nürburgring Nordschleife track. Toto set the record as he was driving a Porsche RSR.

Formula 1 News: Toto’s time in Formula 1

In the year 2009, Toto Wolff bought a share of the Williams Formula One Team and joined the board of directors. He was named the executive director of Williams F1 in 2012. In 2013 January, Wolff left Williams F1 to become an executive director of the Mercedes AMG Petronas Formula One Team.

The year 2018 was the most successful year in the history of Mercedes-Benz. The company won the F1 title and the F2 title with George Russell and the European F3 with Mick Schumacher. All the three titles in the final season of the DTM competition. They also won both F1 eSports titles and numerous championships in customer racing.

Formula 1 News: All you need to know about Toto Wolff
Formula 1 News: All you need to know about Toto Wolff

In the year 2019, Mercedes won its sixth consecutive double world championship at the Japanese Grand Prix. He is also the only Team Principal who has won more than five consecutive double world championships to date.

Mercedes secured a seventh consecutive double world championship in 2020. This was last held by Ferrari from 1999 to 2004. Since the introduction of the turbo-hybrid regulations in 2014, Mercedes has won 111 of 160 races under Toto Wolff’s leadership. The team has taken 118 pole positions and 232 from 320 podium finishes.

Since joining Mercedes in 2013, the team has achieved a winning percentage of 64%. Toto Wolff has also signed a new three-year contract with Mercedes to continue as team principal and CEO.