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Toto Wolff

Toto Wolff is an Austrian motorsport executive, investor, and former racing driver.

By Ethan Anderson| Reviewed by Olivia Bennett, Standards & Fact-Checking Lead| Updated July 27, 2026|2 min read| Fact-checked

Toto Wolff is an Austrian motorsport executive, investor, and former racing driver. Since 2013, he has served as team principal, CEO and co-owner of the Mercedes Formula One team. Wolff is relevant to Canadian readers through Formula One coverage, including Mercedes’ participation in the Canadian Grand Prix and the broader global motorsport audience in Canada.

Early life and racing career

Toto Wolff was born in Vienna, Austria, on 12 January 1972. He began his career as a racing driver before transitioning into business and motorsport management. His background combines on-track competition experience with investment activity.

Business career

After his racing career, Wolff founded investment firms and built a career as an investor. He later expanded into motorsport ownership and management, including an investment in Williams F1 in 2009. This involvement marked his entry into Formula One management.

Mercedes Formula One leadership

Wolff has been a central figure in Mercedes’ Formula One operations since 2013, when he joined as managing partner. He later became team principal and CEO, and also holds a co-ownership stake. Under his leadership, Mercedes won eight consecutive Formula One Constructors' Championships from 2014 to 2021. Wolff has also been involved with Mercedes-EQ, the brand's Formula E program.

Personal life

Wolff is married to Susie Wolff, a former racing driver and motorsport executive. They are among the best-known power couples in modern motorsport.

Key facts

  • Wolff became involved in Formula One management in 2009 through an investment in Williams F1.
  • He joined Mercedes in 2013 as managing partner and later became team principal and CEO.
  • Mercedes won eight consecutive Formula One Constructors' Championships under his leadership from 2014 to 2021.
  • He has also been involved with Mercedes-EQ in Formula E.
  • Public estimates of his net worth vary, with some media reports placing it at around US$1.2 billion.
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Canadian context

Wolff is relevant to Canadian readers through Formula One coverage, including Mercedes’ participation in the Canadian Grand Prix and the broader global motorsport audience in Canada.

Frequently asked questions

Who is Toto Wolff?
Toto Wolff is an Austrian motorsport executive, investor, and former racing driver who serves as team principal, CEO, and co-owner of Mercedes’ Formula One team.
How old is Toto Wolff?
He was born on 12 January 1972.
What is Toto Wolff net worth?
There is no officially verified public figure. Media estimates vary, and some reports have placed his net worth at around US$1.2 billion.
Toto Wolff wife?
His wife is Susie Wolff, a former racing driver and motorsport executive.
Toto Wolff Mercedes?
At Mercedes, Wolff has been team principal, CEO and co-owner of the Formula One team since 2013, and he has also been involved in Mercedes’ Formula E activities.
What does Toto Wolff do?
He manages Mercedes’ Formula One program as team principal and CEO, oversees motorsport operations, and also works as an investor.

References

  1. Wikipediahttps://en.wikipedia.org/wiki/Toto_Wolff
    Supports: Full name, birth date, nationality, and Mercedes Formula One leadership role
  2. Mercedes-AMG Petronas Formula One Teamhttps://www.mercedesamgf1.com/team/person/toto-wolff
    Supports: Birth date, nationality, investment background, Williams involvement, Mercedes ownership and leadership
  3. Saïd Business School, University of Oxfordhttps://www.sbs.ox.ac.uk/about-us/people/toto-wolff
    Supports: Role as team principal, CEO and co-owner of Mercedes-AMG Petronas F1 Team; Formula E involvement
  4. GPFanshttps://www.gpfans.com/en/f1-news/87471/toto-wolff/
    Supports: Net worth estimate reported by media and spouse information