What is the real name of Toto Wolff?
Torger Christian Toto Wolff is an Austrian billionaire motor sport executive, investor, and former racing driver. He holds a 33% stake in the Mercedes-AMG Petronas F1 Team and is Team Principal and CEO of the team. The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff. The composition of our Board reflects this ownership structure and features a wide range of expertise and experience.Toto Wolff is the richest F1 team principal on the 2025 grid. In April 2023, Forbes listed the Mercedes CEO and team principal as having become a billionaire, making it onto the official Sports Billionaires list for the first time.Toto Wolff is Team Principal & CEO of the Mercedes-AMG PETRONAS F1 Team. He is the managing partner of the team alongside wider responsibilities as Head of Mercedes-Benz Motorsport.
What is Toto Wolff’s annual salary?
Toto Wolff’s salary as Mercedes Team Principal & CEO Toto Wolff earns a reported sum of $26 million annually from his Mercedes Team Principal salary (plus an undisclosed amount as chief executive). Despite being a part-owner, he’s also still eligible for certain performance bonuses. After the 2023 F1 season, Wolff signed a new three-year deal to stay on as the team principal and chief executive of the Mercedes team. As of 2023, Wolff’s net worth is estimated at US$1.Toto Wolff’s net worth is a testament to his success in both the world of finance and motorsport. His wealth comes from his various business ventures and his stake in the Mercedes-AMG Petronas Formula One Team. While precise figures are hard to come by, a Forbes report estimates his net worth is well over $1 Billion.