Maintaining a Formula One [https://www.essentiallysports.com/tag/formula-one/] team has to be expensive and the salaries will be exorbitant. While the drivers earn quite a fair amount, the rest of the team also get massive pay checks. Recently, Austria’s Osterreich [https://en.wikipedia.org/wiki/%C3%96sterreich_(newspaper)] newspaper revealed that Mercedes team principal Toto Wolff is paid 8 million euros a year. The information was based on the release of Mercedes’ balance sheet for the 2018 season. It even transpired that Mercedes spent 350 million euros to run the team for a year. In addition to that, they earned a revenue of 380 million euros, a 30 million profit for the title winning Formula 1 team. The salaries of the team bosses were also revealed, with both Wolff and the late Niki Lauda earning 8 million euros each. “Formula 1 makes an important contribution to the brand’s status as the eighth most valuable in the world,” Mercedes reportedly said in the filing. Ocon [https://www.essentiallysports.com/wp-content/uploads/toto-wolff-565290.jpg]Toto Wolff There were also a number of rumours that Toto Wolff is in line to succeed Chase Carey as CEO of Formula One. Carey took over as the F1 supremo in 2017, on a three-year contract. So, his contract was set to expire at the end of the 2019 Formula One season. However, he does have an option for a twelve-month extension to cover the lead-in period to 2021. According to RaceFans, Wolff’s Mercedes contract expires at the end of 2020. It is a little coincidental that his tenure coincides with Carey’s anticipated departure. So, this only serves to fan the flames even further and incite more speculation on the Austrian’s future. Mercedes’ situation is also fairly dicey, especially in the wake of the impending departure of Mercedes-Benz boss Dieter Zetsche. As it turns out, his successor Ola Källenius, believes in an electric future for the automotive industry. With Mercedes fielding a team in Formula E, how long will the Mercedes F1 team last? [https://www.essentiallysports.com/wp-content/uploads/maxresdefault-1-27.jpg]Ola Kallenius 

Maintaining a Formula one team has to be expensive and the salaries will be
exorbitant. Recently, Mercedes revealed team boss Toto Wolff's salary

Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. He not only writes engaging content but helps connect readers with some of the biggest racing names thanks to his ability to churn out exclusive interviews.

Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch and Denny Hamlin. When he's not writing about Stock Car Racing, he can be found reading and writing fan fiction.

Dhruv George

Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch.

Dhruv George | Senior NASCAR Author at EssentiallySports

EssentiallySports

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Dhruv George is a Senior NASCAR Author at EssentiallySports, with an impressive record of over 14K articles. From F1 driver Pierre Gasly to Moto2 rider Tony Arbolino, Dhruv has interviewed several racers, establishing himself as an authoritative voice in the world of motorsports. He not only writes engaging content but helps connect readers with some of the biggest racing names thanks to his ability to churn out exclusive interviews. Dhruv's ambition extends beyond writing, as he aspires to host a successful motorsports podcast with some of the biggest stars in the industry, like Kyle Busch and Denny Hamlin. When he's not writing about Stock Car Racing, he can be found reading and writing fan fiction.

https://image-cdn.essentiallysports.com/wp-content/uploads/Dhruv-George-1-96x96.png

Dhruv George is a senior Formula One and NASCAR analyst for EssentiallySports,
having authored nearly 12000 articles spanning different sports like F1, NASCAR,
Tennis, NFL, and eSports. He graduated with a PG Diploma in Journalism from the
Xavier Institute of Communications. Dhruv has also conducted interviews with F1
driver Pierre Gasly and Moto2 rider Tony Arbolino. He has been an ardent
follower of motorsports sport since 2001, holding Carlos Sainz Jr. and McLaren
in high regard.

https://image-cdn.essentiallysports.com/wp-content/uploads/Dhruv_George.png

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How Much Does Toto Wolff Earn to be Mercedes F1 Team Principal?

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F1 Archives

LatestF1 - EssentiallySports News | EssentiallySports

[caption id="attachment_502674" align="aligncenter" width="1920"]<img class="size-full wp-image-502674" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20210104143340/2020-12-13T132539Z_345779336_UP1EGCD11ARYN_RTRMADP_3_MOTOR-F1-ABUDHABI.jpg" alt="Mercedes driver Lewis Hamilton during the Abu Dhabi GP practice" width="1920" height="1185" /> Formula One F1 - Abu Dhabi Grand Prix - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - Mercedes' Lewis Hamilton in action during the race Pool via REUTERS/Giuseppe Cacace[/caption]
<h2>Mercedes: 2021 Latest News, Results, Drivers, and Car Updates</h2>
German manufacturing giant, Mercedes-Benz, first got involved in racing back in the 1930s and 1940s. After the Second World War, they returned in 1954, in what is now known as Formula One. However, they pulled out as a manufacturer after 1955, remaining only as a supplier.

The team are commonly referred to as the 'Silver Arrows' due to its distinct and iconic silver livery.

Their exit was a direct response to the 1955 Le Mans Disaster. They would be coaxed back as a constructor, only from 2010 onwards.

The team have announced <a href="https://www.essentiallysports.com/tag/valtteri-bottas/">Valtteri Bottas</a> as their 2021 driver with the other seat yet to be filled, with <a href="https://www.essentiallysports.com/tag/lewis-hamilton/">Lewis Hamilton</a>'s contract being extended as the most probable outcome.
<h2>How much does Mercedes earn from F1?</h2>
Clinching the prized Constructors' Championship entails a lot of prestige, but more importantly, a bigger paycheck. Despite spending an absurd amount of money on car development, it ultimately pays off for Mercedes when they decimate the competition on the track. According to a <a href="https://www.forbes.com/sites/chrissmith/2019/11/26/formula-one-team-values-ferrari-mercedes/#261d6d611ddb" target="_blank" rel="noopener noreferrer">report</a>, the Brackley-based outfit earned a handsome $451 million in revenue for the 2019 season.
<h2>How much is the Mercedes F1 team worth?</h2>
Despite being one of the most successful F1 teams in recent history, the Silver Arrows aren't the most valuable F1 team. The German team lose out to Scuderia Ferrari, which needs no introduction. <a href="https://www.forbes.com/sites/chrissmith/2019/11/26/formula-one-team-values-ferrari-mercedes/" target="_blank" rel="noopener noreferrer">Apparently</a>, Mercedes are valued at a whopping $1,015 million or just over a billion dollars.
<h2><strong>What are Mercedes' on-track a</strong><b>chievements?</b></h2>
During their first two years in Formula One, there was no Constructors' Championship. It was only introduced from 1958 onwards. However, they did win four races out of a nine-race 1954 calendar. Those wins came at the French Grand Prix, the German Grand Prix, the Swiss Grand Prix, and the Spanish Grand Prix.

A year later, they would go on to win five out of seven races. These wins came at Argentina, Belgium, Netherlands, Great Britain, and Italy.

After their return in 2010, there were off to a shaky start, having been away for so long. However, since 2013, things have been picking up, and they began to dominate from 2014, which saw the inception of the turbo-hybrid era in Formula 1.

Mercedes have won every single Drivers' and Constructors' Championship on offer since 2014. The team have won 115 races out of 227 races.

[caption id="attachment_462071" align="aligncenter" width="1920"]<img class="size-full wp-image-462071" src="https://www.essentiallysports.com/wp-content/uploads/2020-11-28T154153Z_153153182_UP1EGBS17LSZK_RTRMADP_3_MOTOR-F1-BAHRAIN.jpg" alt="Mercedes drivers Valtteri Bottas and Lewis Hamilton after the Bahrain GP qualifying" width="1920" height="1289" /> Formula One F1 - Bahrain Grand Prix - Bahrain International Circuit, Sakhir, Bahrain - Mercedes' Lewis Hamilton after qualifying in pole position alongside second placed Mercedes' Valtteri Bottas Pool via REUTERS/Hamad I Mohammed[/caption]
<h2><strong>Who are Mercedes? sponsors?</strong></h2>
Mercedes F1?s title partner is the Malaysian oil and gas company, Petronas. The German team also has a principal partner in the British chemicals company- INEOS.

Other partners include UBS, Epson, Bose, <a href="http://global.tommy.com/india/en/sitecore/content/websites/archives/india/removed-collections/collections/tommyxgigi/15" target="_blank" rel="noopener noreferrer">Tommy Hilfiger</a>, IWC Schaffhausen, Hewlett Packard Enterprise, The Ritz Carlton, Monster Energy, Pure Storage CrowdStrike, TIBCO, and AMD.
<h2>Who owns the Mercedes F1 team?</h2>
So, who are the entities behind one of the most influential Formula 1 team? Turns out Daimler AG, which is the parent organization of the Mercedes Benz road car brand, is the company behind the German F1 team.

Toto Wolff and British Chemical giant Ineos are equal partners in the team.
<h2>Best Moments of Mercedes F1 team</h2>

<h2><strong>Which charities is Mercedes involved with?</strong></h2>
The team have lent their support to two main charities. In 2015, they chose the Air Ambulance Services and the Muscle Help Foundation.

Following the coronavirus pandemic, the team <a href="https://www.crash.net/f1/news/937793/1/mercedes-f1-drivers-race-suits-be-auctioned-nhs" target="_blank" rel="noopener noreferrer">auctioned off</a> Valtteri Bottas' and Lewis Hamilton's race suits to raise money for NHS charities.
<table>
<tbody>
<tr>
<td width="301"><strong>Founded</strong></td>
<td width="301">1926</td>
</tr>
<tr>
<td width="301"><strong>Owner</strong></td>
<td width="301">Mercedes Benz</td>
</tr>
<tr>
<td width="301"><strong>Constructors Championships</strong></td>
<td width="301">7</td>
</tr>
<tr>
<td width="301"><strong>Drivers Champion</strong></td>
<td width="301">Juan Manuel Fangio, Nico Rosberg, Lewis Hamilton</td>
</tr>
<tr>
<td width="301"><strong>Drivers Championships</strong></td>
<td width="301">9</td>
</tr>
<tr>
<td width="301"><strong>Prize Money Won</strong></td>
<td width="301">177 Million</td>
</tr>
<tr>
<td width="301"><strong>Base</strong></td>
<td width="301">Brackley</td>
</tr>
<tr>
<td width="301"><strong>Official website</strong></td>
<td width="301"><a href="https://www.mercedesamgf1.com/en/">https://www.mercedesamgf1.com/en/</a></td>
</tr>
<tr>
<td width="301"><strong>Race drivers</strong></td>
<td width="301">Valtteri Bottas, TBA</td>
</tr>
<tr>
<td width="301"><strong>Test drivers</strong></td>
<td width="301">TBA</td>
</tr>
</tbody>
</table>

Mercedes

Formula One F1 &#8211; Abu Dhabi Grand Prix &#8211; Yas Marina Circuit, Abu Dhabi, United Arab Emirates &#8211; Mercedes&#8217; Lewis Hamilton in action during the race Pool via REUTERS/Giuseppe Cacace Mercedes: 2021 Latest News, Results, Drivers, and Car Updates German manufacturing giant, Mercedes-Benz, first got involved in racing back in the 1930s and 1940s. After the Second World War, they returned in 1954, in what is now known as Formula One. However, they pulled out as a manufacturer after 1955, remaining only as a supplier. The team are commonly referred to as the &#8216;Silver Arrows&#8217; due to its distinct and iconic silver livery. Their exit was a direct response to the 1955 Le Mans Disaster. They would be coaxed back as a constructor, only from 2010 onwards. The team have announced Valtteri Bottas as their 2021 driver with the other seat yet to be filled, with Lewis Hamilton&#8216;s contract being extended as the most probable outcome. How much does Mercedes earn from F1? Clinching the prized Constructors&#8217; Championship entails a lot of prestige, but more importantly, a bigger paycheck. Despite spending an absurd amount of money on car development, it ultimately pays off for Mercedes when they decimate the competition on the track. According to a report, the Brackley-based outfit earned a handsome $451 million in revenue for the 2019 season. How much is the Mercedes F1 team worth? Despite being one of the most successful F1 teams in recent history, the Silver Arrows aren&#8217;t the most valuable F1 team. The German team lose out to Scuderia Ferrari, which needs no introduction. Apparently, Mercedes are valued at a whopping $1,015 million or just over a billion dollars. What are Mercedes&#8217; on-track achievements? During their first two years in Formula One, there was no Constructors&#8217; Championship. It was only introduced from 1958 onwards. However, they did win four races out of a nine-race 1954 calendar. Those wins came at the French Grand Prix, the German Grand Prix, the Swiss Grand Prix, and the Spanish Grand Prix. A year later, they would go on to win five out of seven races. These wins came at Argentina, Belgium, Netherlands, Great Britain, and Italy. After their return in 2010, there were off to a shaky start, having been away for so long. However, since 2013, things have been picking up, and they began to dominate from 2014, which saw the inception of the turbo-hybrid era in Formula 1. Mercedes have won every single Drivers&#8217; and Constructors&#8217; Championship on offer since 2014. The team have won 115 races out of 227 races. Formula One F1 &#8211; Bahrain Grand Prix &#8211; Bahrain International Circuit, Sakhir, Bahrain &#8211; Mercedes&#8217; Lewis Hamilton after qualifying in pole position alongside second placed Mercedes&#8217; Valtteri Bottas Pool via REUTERS/Hamad I Mohammed Who are Mercedes? sponsors? Mercedes F1?s title partner is the Malaysian oil and gas company, Petronas. The German team also has a principal partner in the British chemicals company- INEOS. Other partners include UBS, Epson, Bose, Tommy Hilfiger, IWC Schaffhausen, Hewlett Packard Enterprise, The Ritz Carlton, Monster Energy, Pure Storage CrowdStrike, TIBCO, and AMD. Who owns the Mercedes F1 team? So, who are the entities behind one of the most influential Formula 1 team? Turns out Daimler AG, which is the parent organization of the Mercedes Benz road car brand, is the company behind the German F1 team. Toto Wolff and British Chemical giant Ineos are equal partners in the team. Best Moments of Mercedes F1 team Which charities is Mercedes involved with? The team have lent their support to two main charities. In 2015, they chose the Air Ambulance Services and the Muscle Help Foundation. Following the coronavirus pandemic, the team auctioned off Valtteri Bottas&#8217; and Lewis Hamilton&#8217;s race suits to raise money for NHS charities.  Founded 1926  Owner Mercedes Benz  Constructors Championships 7  Drivers Champion Juan Manuel Fangio, Nico Rosberg, Lewis Hamilton  Drivers Championships 9  Prize Money Won 177 Million  Base Brackley  Official website https://www.mercedesamgf1.com/en/  Race drivers Valtteri Bottas, TBA  Test drivers TBA

Mercedes Archives

LatestMercedes - EssentiallySports News | EssentiallySports

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Mercedes' Filings Reveal Toto Wolff's Humongous Salary and Team's Profit Details

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<strong>History</strong>

The Formula One World Championship first started back in 1950. The very first F1 champion was Italy's Guiseppe Farina who raced for Alfa Romeo.

The sport has had 33 different champions in its history and a few of them are multiple championship winners. Currently, the driver with the most championships is <a href="https://www.essentiallysports.com/tag/michael-schumacher/">Michael Schumacher</a> with 7 under his belt. However, <a href="https://www.essentiallysports.com/category/f1/mercedes">Mercedes</a> driver <a href="https://www.essentiallysports.com/tag/lewis-hamilton/">Lewis Hamilton</a> will be eager to overhaul that. Hamilton currently holds 6 World Championships and stands on the cusp of equalling Michael Schumacher's record at the end of the season.

[caption id="attachment_394613" align="alignnone" width="1920"]<img class="wp-image-394613 size-full" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20200929180846/2020-09-27T125344Z_1587606816_UP1EG9R0ZTK0Z_RTRMADP_3_MOTOR-F1-RUSSIA-1-1.jpg" alt="Lewis Hamilton Racing In The Russian GP" width="1920" height="1185" /> Formula One F1 - Russian Grand Prix - Sochi Autodrom, Sochi, Russia - Mercedes' Lewis Hamilton in action during the race. Pool via REUTERS/Yuri Kochetkov[/caption]

Hamilton and Mercedes are the defending Champions with the pair's dominance unlikely to end anytime soon.

<img class="alignnone size-full wp-image-99263" src="http://www.essentiallysports.com/wp-content/uploads/2016/01/F1-logo-f.png" alt="Formula One" width="2048" height="1536" />

For a long time, Bernie Ecclestone was the F1 supremo, having founded the Formula One Group. He?spent 40 years as chief executive of the company after gaining control of the commercial rights.

But in 2017, he stepped down and ownership was handed to Liberty Media who have been taking care of F1 since then. To herald their control, they even changed the F1 logo.

Chase Carey was the first F1 CEO in the 'liberty era' of F1 and will be stepping down at the end of the year. Former Ferrari team principal Stefano Domenicali will succeed the American in 2021.

<img class="alignnone size-full wp-image-126049" src="http://www.essentiallysports.com/wp-content/uploads/f1-logo-2018.jpg" alt="sports brand" width="1920" height="1080" />

The Formula One world championship is considered by many to be the pinnacle of motorsport. It has produced champions like Fangio, <a href="https://www.essentiallysports.com/tag/ayrton-senna/">Ayrton Senna</a>, <a href="https://www.essentiallysports.com/tag/alain-prost/">Alain Prost</a>, Schumacher, <a href="https://www.essentiallysports.com/tag/fernando-alonso/">Fernando Alonso</a>, Niki Lauda, Nelson Piquet, Lewis Hamilton, Kimi Raikkonen, Sebastian Vettel and many many more.
<table width="516">
<tbody>
<tr>
<td width="264"><strong>Number of Seasons</strong></td>
<td width="246">70</td>
</tr>
<tr>
<td width="264"><strong>Number of Teams</strong></td>
<td width="246">20</td>
</tr>
<tr>
<td width="264"><strong>Most Number of Driver's titles</strong></td>
<td width="246">7</td>
</tr>
<tr>
<td width="264"><strong>Most Number of Constructors Titles</strong></td>
<td width="246">16</td>
</tr>
<tr>
<td width="264"><strong>Most Wins</strong></td>
<td width="246">91</td>
</tr>
<tr>
<td width="264"><strong>Most Poles</strong></td>
<td width="246">96</td>
</tr>
</tbody>
</table>

Formula One

History The Formula One World Championship first started back in 1950. The very first F1 champion was Italy&#8217;s Guiseppe Farina who raced for Alfa Romeo. The sport has had 33 different champions in its history and a few of them are multiple championship winners. Currently, the driver with the most championships is Michael Schumacher with 7 under his belt. However, Mercedes driver Lewis Hamilton will be eager to overhaul that. Hamilton currently holds 6 World Championships and stands on the cusp of equalling Michael Schumacher&#8217;s record at the end of the season. Formula One F1 &#8211; Russian Grand Prix &#8211; Sochi Autodrom, Sochi, Russia &#8211; Mercedes&#8217; Lewis Hamilton in action during the race. Pool via REUTERS/Yuri Kochetkov Hamilton and Mercedes are the defending Champions with the pair&#8217;s dominance unlikely to end anytime soon. For a long time, Bernie Ecclestone was the F1 supremo, having founded the Formula One Group. He?spent 40 years as chief executive of the company after gaining control of the commercial rights. But in 2017, he stepped down and ownership was handed to Liberty Media who have been taking care of F1 since then. To herald their control, they even changed the F1 logo. Chase Carey was the first F1 CEO in the &#8216;liberty era&#8217; of F1 and will be stepping down at the end of the year. Former Ferrari team principal Stefano Domenicali will succeed the American in 2021. The Formula One world championship is considered by many to be the pinnacle of motorsport. It has produced champions like Fangio, Ayrton Senna, Alain Prost, Schumacher, Fernando Alonso, Niki Lauda, Nelson Piquet, Lewis Hamilton, Kimi Raikkonen, Sebastian Vettel and many many more.  Number of Seasons 70  Number of Teams 20  Most Number of Driver&#8217;s titles 7  Most Number of Constructors Titles 16  Most Wins 91  Most Poles 96

Formula One Archives

Formula One Archives - EssentiallySports

Mercedes Archives - EssentiallySports

[caption id="attachment_506620" align="alignnone" width="1920"]<img class="size-full wp-image-506620" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20210107172912/GettyImages-1145223856.jpg" alt="Toto Wolff during a press conference" width="1920" height="1280" /> BAKU, AZERBAIJAN - APRIL 26: Mercedes GP Executive Director Toto Wolff talks in the Team Principals Press Conference during practice for the F1 Grand Prix of Azerbaijan at Baku City Circuit on April 26, 2019 in Baku, Azerbaijan. (Photo by Dan Istitene/Getty Images)[/caption]
<h2><strong>Toto Wolff: 2021 Net worth, salary and endorsements</strong></h2>
Toto Wolff functions in the capacity of the Team Principal to the <a href="https://www.essentiallysports.com/category/f1/mercedes">Mercedes AMG Petronas Formula One</a> team. The Austrian joined the team in 2014 and has been with them ever since.

Wolff started his motorsport career in 1992 in the Austrian Formula Ford Championship. 2 years later, he won the 24 Hours N?rburgring in his category. Wolff even racked up a few wins here and there, in the FIA GT Championship and in the Italian GT Championship.

Wolff currently resides with his second wife, the Scottish racer, Susie Wolff. The two have a child together, in addition to two children from Toto's previous marriage to Stephani.

Wolff has two residences in the UK and Switzerland in Oxfordshire and Ermatingen, respectively.

<strong>READ MORE-</strong> <a href="https://www.essentiallysports.com/f1-news-toto-wolff-everything-we-know-about-his-wife-children-and-personal-life/" target="_blank" rel="noopener noreferrer" data-wpel-link="internal">Toto Wolff: Everything We Know About His Wife, Children and Personal Life</a>
<h2>Toto Wolff stats</h2>
Other accolades to his name are a runner-up in the Austrian Rally Championship in 2006, and the top spot in the 24-hour race in Dubai. In 2009, he also became a lap-record holder on the N?rburgring Nordschleife in a Porsche RSR.

After retirement, Wolff focused heavily on investment, even <a href="https://www.mercedesamgf1.com/en/team/management/toto-wolff/" target="_blank" rel="noopener noreferrer">founding</a> two companies. Both companies primarily focused on investments in the internet and technology sector.

However, from 2003 onwards Wolff concentrated on strategic investments in medium-sized industrial and listed companies. Some Investments include the German HWA AG that runs the Deutsche Tourenwagen Masters race program for Mercedes-Benz.

Other investments include BRR Rallye Racing, one of the largest rally parts dealers in Europe. Wolff is also <a href="https://www.mercedesamgf1.com/en/team/management/toto-wolff/" target="_blank" rel="noopener noreferrer">co-owner</a> of a racing driver management company with former F1 champion Mika H?kkinen.
<h2>Toto Wolff's 2021 Net Worth</h2>
His net worth is believed to be nearly <a href="https://www.handelszeitung.ch/people/toto-wolff" target="_blank" rel="noopener noreferrer">$580 million</a> (approximately).

As a Team Principal, Toto Wolff reportedly earns ?8 million a year. At least, according to Austria?s Osterreich?newspaper.

After joining Mercedes, he acquired a 30% stake in Mercedes-Benz Grand Prix Ltd.
<h2><b>Toto Wolff?s endorsements</b></h2>
As mentioned before, Toto Wolff has various investments. These include a share in the <a href="https://www.essentiallysports.com/category/f1/williams/">Williams</a> F1 Team and even the Mercedes team itself.
<h2>Best Moments of Toto Wolff</h2>

<h2><strong>Toto Wolff: Foundations and charity work</strong></h2>
Wolff is <a href="http://marybendetfoundation.com/about-us/" target="_blank" rel="noopener noreferrer">Vice Chairman</a> of the Mary Bendet Foundation, founded in memory of a school friend who was a role model for a generation of friends. The Foundation strives to make life better for children who are underprivileged.

Its projects include improving living conditions in day-care centers, dormitories, and playgrounds, creating joyful environments such as rehearsal studios, supporting talent by sponsoring scholarships, and inaugurating centers for blind and handicapped children to better prepare them for life.
<h2>How to contact Toto Wolff</h2>
Unfortunately, there is no easy way to get in touch with Toto Wolff. Wolff does not have an official website, and the same applies to his social media.
<table width="549">
<tbody>
<tr>
<td width="319"><strong>Age</strong></td>
<td width="319">49</td>
</tr>
<tr>
<td width="319"><strong>Marital Status</strong></td>
<td width="319">Married</td>
</tr>
<tr>
<td width="319"><strong>Spouse</strong></td>
<td width="319">Susie Wolff</td>
</tr>
<tr>
<td width="319"><strong>Residence</strong></td>
<td width="319">Oxfordshire, England? Ermatingen, Switzerland</td>
</tr>
<tr>
<td width="319"><strong>Nationality</strong></td>
<td width="319">Austrian</td>
</tr>
<tr>
<td width="319"><strong>Endorsements</strong></td>
<td width="319">Mercedes, Williams</td>
</tr>
<tr>
<td width="319"><strong>Height</strong></td>
<td width="319"><a href="https://twitter.com/Susie_Wolff/status/617706515223445504" target="_blank" rel="noopener noreferrer">1.96m</a></td>
</tr>
<tr>
<td width="319"><strong>Children</strong></td>
<td width="319">3</td>
</tr>
<tr>
<td width="319"><strong>Ethnicity</strong></td>
<td width="319">White</td>
</tr>
<tr>
<td width="319"><strong>?Championships</strong></td>
<td width="319">0</td>
</tr>
</tbody>
</table>

Toto Wolff

BAKU, AZERBAIJAN &#8211; APRIL 26: Mercedes GP Executive Director Toto Wolff talks in the Team Principals Press Conference during practice for the F1 Grand Prix of Azerbaijan at Baku City Circuit on April 26, 2019 in Baku, Azerbaijan. (Photo by Dan Istitene/Getty Images) Toto Wolff: 2021 Net worth, salary and endorsements Toto Wolff functions in the capacity of the Team Principal to the Mercedes AMG Petronas Formula One team. The Austrian joined the team in 2014 and has been with them ever since. Wolff started his motorsport career in 1992 in the Austrian Formula Ford Championship. 2 years later, he won the 24 Hours N?rburgring in his category. Wolff even racked up a few wins here and there, in the FIA GT Championship and in the Italian GT Championship. Wolff currently resides with his second wife, the Scottish racer, Susie Wolff. The two have a child together, in addition to two children from Toto&#8217;s previous marriage to Stephani. Wolff has two residences in the UK and Switzerland in Oxfordshire and Ermatingen, respectively. READ MORE- Toto Wolff: Everything We Know About His Wife, Children and Personal Life Toto Wolff stats Other accolades to his name are a runner-up in the Austrian Rally Championship in 2006, and the top spot in the 24-hour race in Dubai. In 2009, he also became a lap-record holder on the N?rburgring Nordschleife in a Porsche RSR. After retirement, Wolff focused heavily on investment, even founding two companies. Both companies primarily focused on investments in the internet and technology sector. However, from 2003 onwards Wolff concentrated on strategic investments in medium-sized industrial and listed companies. Some Investments include the German HWA AG that runs the Deutsche Tourenwagen Masters race program for Mercedes-Benz. Other investments include BRR Rallye Racing, one of the largest rally parts dealers in Europe. Wolff is also co-owner of a racing driver management company with former F1 champion Mika H?kkinen. Toto Wolff&#8217;s 2021 Net Worth His net worth is believed to be nearly $580 million (approximately). As a Team Principal, Toto Wolff reportedly earns ?8 million a year. At least, according to Austria?s Osterreich?newspaper. After joining Mercedes, he acquired a 30% stake in Mercedes-Benz Grand Prix Ltd. Toto Wolff?s endorsements As mentioned before, Toto Wolff has various investments. These include a share in the Williams F1 Team and even the Mercedes team itself. Best Moments of Toto Wolff Toto Wolff: Foundations and charity work Wolff is Vice Chairman of the Mary Bendet Foundation, founded in memory of a school friend who was a role model for a generation of friends. The Foundation strives to make life better for children who are underprivileged. Its projects include improving living conditions in day-care centers, dormitories, and playgrounds, creating joyful environments such as rehearsal studios, supporting talent by sponsoring scholarships, and inaugurating centers for blind and handicapped children to better prepare them for life. How to contact Toto Wolff Unfortunately, there is no easy way to get in touch with Toto Wolff. Wolff does not have an official website, and the same applies to his social media.  Age 49  Marital Status Married  Spouse Susie Wolff  Residence Oxfordshire, England? Ermatingen, Switzerland  Nationality Austrian  Endorsements Mercedes, Williams  Height 1.96m  Children 3  Ethnicity White  ?Championships 0