How much of Mercedes does Toto own?
Toto Wolff is team principal and CEO of the Mercedes-AMG Petronas Formula 1 Team. He owns 33%. Under his direction, Mercedes claimed eight consecutive Formula 1 Constructor’s Championships from, 2014 to 2021, as well as seven consecutive Drivers’ Championships during that span. Toto Wolff’s vast personal fortune is even larger than Lewis Hamilton’s. The Mercedes team principal was worth $1. April 2024, Forbes report. He officially became a billionaire a year earlier. Whereas Forbes report the driver is worth £300m.
Is Red Bull richer than Mercedes?
According to data analysed by the digital platform Sportico, Ferrari tops the list with an estimated valuation of 4. Mercedes (3. Red Bull Racing (3. Formula 1 is no longer just a seasonal spectacle; it has become a major player in the marketing world. In 2024, the sport, alongside its teams, generated $2. NFL’s figure of roughly $2. Autosport.