Toto Wolff

Toto Wolff: Net Worth, Salary and Endorsement

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. Two years later, he won the 24 Hours Nürburgring in his category. Wolff even racked up a few wins here and there, in the FIA GT Championship and in the Italian GT Championship. 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.

Toto Wolff

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.

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 Nürburgring Nordschleife in a Porsche RSR.

After retirement, Wolff focused heavily on investment, even founding two companies. Both companies primarily focused on investments on internet and technology.

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 Häkkinen.

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. After joining Mercedes, he acquired a 30% stake of Mercedes-Benz Grand Prix Ltd.

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 in everyday society.

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 social media.

Age 48
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

“There’s Unfinished Business” – Mercedes Aim to Put an End to Their Belgian Grand Prix Struggles

There aren’t a lot of circuits on the F1 calendar that Mercedes haven’t dominated in…

Racing Point

Toto Wolff Reveals Meeting F1 Teams Over Racing Point Protest

Over the past few months, the Racing Point team has been under almost constant fire.…


Toto Wolff Reveals Why Mercedes Resigned With Bottas for 2021

Mercedes’ success cannot be credited to the skills of Lewis Hamilton alone. The partnership between…


Mercedes’ Toto Wolff Rubbishes Claims of the W11 Having a Controversial Innovation

Mercedes F1 have always been renowned as the innovators in the world of Formula 1.…

Lewis Hamilton

“Michael Never Had Such a Superior Environment”- Former Mercedes Boss on Lewis Hamilton’s Greatness

British Formula 1 racer Lewis Hamilton is in the form of his life. Already the winner…


FIA Delays ‘Party Mode’ Ban to Mercedes’ Delight

Multiple reports suggesting that the FIA planned for a ban on ‘special modes’ that are…

Mercedes F1

“That Takes its Toll”- Mercedes Boss Toto Wolff on a Major Issue With the 2020 Calendar

After nearly three weeks of grueling racing, there is finally some respite for the Formula…

Lewis Hamilton

Toto Wolff Hails Lewis Hamilton for His “Absolutely Instinctive” Actions During the Spanish GP

Lewis Hamilton is simply unstoppable this season. Four wins out of six Grands Prix finds…


Toto Wolff Drops a Major Hint That Could Decide His Future With Mercedes F1

As much as Lewis Hamilton’s future is the talk of the F1 town, there’s an…


Toto Wolff Reveals How ‘Party Mode’ Ban Will Actually Help Mercedes F1

Last week, there was plenty of talk about the FIA’s plan to ban teams from…

Toto Wolff Responds to Claims of Mercedes ‘Helping’ Racing Point F1

Mercedes Team Principal Toto Wolff rejected reports of the team aiding Racing Point in designing…

Lewis Hamilton and Valtteri Bottas Dismiss a Hard Dependancy on Toto Wolff for Mercedes’ Success

Mercedes driver Lewis Hamilton is yet to sign a new contract with the team that…


“It Takes its Toll”: Toto Wolff Unsure of Continuing as Mercedes F1’s Team Principal

Saying that Mercedes F1 have had plenty of success under Toto Wolff would be an…


“He’s Not in a Happy Place”- Toto Wolff Defends Mercedes’ Strategy Following Valtteri Bottas’ Comments

Mercedes‘ Toto Wolff defended the team’s strategy for the 70th Anniversary Grand Prix following Valtteri…


McLaren Boss Seidl Clarifies Relationship With Mercedes F1 Following Racing Point Appeal

Despite jumping on the other side of the protest bandwagon, McLaren team principal Andreas Seidl…

Mercedes F1

Could This Be Why Mercedes F1 Isn’t Ready to Sign the New Concorde Agreement?

On August 12th, all F1 teams will have to sign the new Concorde agreement that…

Racing Point

Toto Wolff Warns F1 Rivals of Extreme Measures by Lawrence Stroll in Racing Point Case

Racing Point are far from being the happiest team on the grid at the moment.…


Mercedes F1 Boss Toto Wolff Slams Teams for Being Two-Faced Over Concorde (Dis)agreements

The thing that will have the FIA worried is the deadline for teams to sign…


“We Are the Biggest Victim”-Toto Wolff Opens up on Why Mercedes F1 Isn’t Ready to Sign a New Concorde Agreement

Mercedes CEO and team principal Toto Wolff opened on why the team wasn’t ready yet…


Toto Wolff Weighs in on Why Renault Are Actually Protesting Against Racing Point F1

Racing Point have been fairly open in admitting that they have, for lack of a…

Valtteri Bottas

Toto Wolff Reacts to Mercedes F1 Renewing Valtteri Bottas’ Contract

It is official ladies and gentlemen, Mercedes F1 have confirmed that Valtteri Bottas will continue…


Toto Wolff Pens a Heartfelt Message to the Mercedes F1 Team After Austrian GP Win

When the 2020 F1 season finally kicked off, it was business as usual for Mercedes…

Toto Wolff Teases the Possibility of Nico Hulkenberg Joining Mercedes F1 as a Reserve Driver

One of Toto Wolff’s more common comments as of late is bringing up drivers’ nationalities…


Toto Wolff Reveals Reason Behind Mercedes F1’s Reserve Driver Problem

As things stand, Mercedes is without a usable reserve driver for the 2020 F1 season.…

Toto Wolff Unhappy With His Predictions Coming True During the British Grand Prix

We witnessed one of the most dramatic final lap finishes at the British Grand Prix,…

Sebastian Vettel

Toto Wolff Explains Why “It’s Not Easy to Replace” Sergio Perez With Sebastian Vettel at Racing Point F1

The Sebastian Vettel to Aston Martin rumors are unlikely to die down any time soon.…

Toto Wolff

Valtteri Bottas Jokes About Toto Wolff : “Can be a Pain in the A**”

Mercedes’ Valtteri Bottas opened up on his relationship with his Team Principal, Toto Wolff. Wolff…

George Russell

When a Tipsy George Russell Met Toto Wolff and Nearly Secured a Mercedes Deal

By now, it’s a well-known fact that Williams F1 driver George Russell has got the…


“We Seem to Have an Issue”- Toto Wolff Sheds Light on Why Mercedes F1 Engines ‘Smoke ‘

Fans may have noticed a peculiar trait with Mercedes powered cars in the opening races…

“Dominance From a Single Team is Always Odd for the Championship”- Toto Wolff Reveals Mercedes F1 “Keen” to Fight Ferrari and Red Bull

Mercedes have dominated the F1 scene for the better part of the last decade and…