Mercedes team principal Toto Wolff is reportedly now worth $1.6 billion, with the staggering figure having increased by 60% since March this year. The update on Wolff’s net worth has come from Forbes, who have also revealed that Mercedes are also worth significantly more. When Liberty Media bought F1 in 2017, the Silver Arrows were
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F1 teams were united in rejecting Michael Andretti’s proposal to have his Andretti-Cadillac team added to the current Formula 1 roster. There is currently a tender process for an eleventh team to be added to F1, with Andrei-Cadillac arguably the most qualified. However, current F1 teams’ senior officials have made their stance on this bid
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Mercedes team principal Toto Wolff has admitted that it’s very unlikely that the Silver Arrows will be able to make as big a step forwards as McLaren have done, due to the Germans being more “restricted”. McLaren’s recent upgrades at the Austrian Grand Prix and the British Grand Prix saw them leapfrog several teams in
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Toto Wolff has discussed details of his talks with Mohammed Ben Sulayem, the FIA President. The pair were spotted having one-on-one discussions at the British Grand Prix, where Wolff had two drivers competing in their home race. The key issues on the docket were proposals for an 11th team in F1 and the proposed regulation
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The prospect of Lewis Hamilton securing a long-term deal with Mercedes is looking increasingly uncertain, which may disappoint Sky Sports F1 commentator David Croft. Croft expressed his desire to see Hamilton remain in Formula 1 for an “awful lot longer,” although a contract extension of at least a “few more years” seems unlikely at this
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Mercedes technical director James Allison believes his team have a strong chance of winning the closely contested upgrade race among themselves, Aston Martin, Ferrari, and McLaren, as each team strives to close the gap to the dominant Red Bull. The recent surprise performance by McLaren at the British Grand Prix, where Lando Norris secured a
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Red Bull team principal Christian Horner has raised doubts about Toto Wolff’s understanding of his team’s 2026 engine development as a customer team rather than one that develops its own engines. The two have been engaged in a debate regarding Formula 1’s incoming rules, with Horner expressing concerns about their potential impact on the sport,
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Alpine team principal Otmar Szafnauer insists that powertrain supplier Renault wants the 2026 engine regulations to remain as they are, something Mercedes also want to see happen. Szafnauer’s comments regarding the new power unit regulations in 2026 have been made following concerns raised by Red Bull boss Christian Horner. Horner has insisted that tweaks to
MoreIn a bid to alleviate the repercussions of Brexit, Formula 1 teams and officials have approached the British government, urging for measures to ease their operations. Last week, a prominent F1 delegation, including influential figures like Stefano Domenicali, Toto Wolff, Christian Horner, Sir Jackie Stewart, and Martin Brundle, was warmly received at 10 Downing Street
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Following their surprising performance at last weekend’s British Grand Prix, Mercedes team principal Toto Wolff has revealed that the team has “no choice” but to switch their attention to 2024 “pretty soon”. The Silver Arrows endured a mixed few days at the Silverstone International Circuit, with George Russell having qualified sixth with Lewis Hamilton seventh.
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