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Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – Mercedes’ Team Principal Toto Wolff during the press conference FIA/Handout via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES
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Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – Mercedes’ Team Principal Toto Wolff during the press conference FIA/Handout via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES
Toto Wolff has been the Team Principal of Mercedes since the beginning of the 2014 season. In his time at the German team, they have won every single constructors’ and drivers’ title available. And they may still end up winning 2021 titles as well as they are ahead at the halfway stage.
Despite his success at Mercedes, there have been several reports suggesting that Wolff may end up leaving the team. The Austrian mentioned that he may leave the role of team principal spontaneously.
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I may decide spontaneously that somebody else can carry the baton: Toto Wolff
As reported by GPfans, The Austrian has mentioned that he still cares deeply about the sport and plans to stay for a while. He also stated that whatever he pursues further, he will always be a co-owner of the team.
“As long as I enjoy the competition and honesty of the stopwatch, I will continue,” said Wolff.
Reuters
Formula One F1 – Austrian Grand Prix – Red Bull Ring, Spielberg, Styria, Austria – July 4, 2021, McLaren team principal Toto Wolff before the race Pool via REUTERS/Christian Bruna
“But I may decide spontaneously that somebody else can carry the baton better, be quicker, more agile, refreshed than me, but not yet,” mentioned the Mercedes team principal.
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Toto Wolff explains why he extended his role as a shareholder at Mercedes
Toto stated he extended his stay not just as team principal of the team last year but also as a shareholder. The Mercedes team boss gives his reasoning behind the decision.
“I reflected for a year if I wanted to continue in this sport, and I decided, yes.
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Formula One F1 – Portuguese Grand Prix – Algarve International Circuit – Portimao, Portugal – April 30, 2021, Mercedes GP Executive Director Toto Wolff talks in the Team Principals Press Conference FIA/Handout via REUTERS
“But the decision was not that am I willing to continue to lead this team from an operational standpoint but it was more, do I want to stay involved as a shareholder. This means the team becomes me and I become the team long-term and this is the decision I took.
“We are three equal shareholders, we complement each other, and whatever I do in the team, I’m staying in my role as a co-owner.” said Wolff.
Wolff, Ineos, and Daimler all became equal shareholders last year and own 33% of the Mercedes AMG-Team.
Will Toto continue as team principal after 2022? Let us know.
