Toto Wolff

Torger Christian "Toto" Wolff (, born 12 January 1972) is an Austrian billionaire motorsport 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. Wolff began his motorsport career in the Austrian Formula Ford Championship and the German Formula Ford Series. He won his category in the 1994 24 Hours Nürburgring and later competed in the FIA GT Championship and Italian GT Championship. As an investor, Wolff founded Marchfifteen in 1998 and Marchsixteen Investments in 2004, initially focusing on Internet and technology companies. He specialises in strategic investments in medium-sized industrial and listed companies, which have included Williams F1 and German HWA AG. Early life Wolff was born on 12 January 1972 in Vienna to a Polish mother and a Romanian father. His mother was a physician. He grew up in the city and was educated in the Lycee Français de Vienne, a prestigious French school. Wolff's father was diagnosed with brain cancer when he was eight years old. His parents separated following his father's diagnosis. His father died of the disease when Wolff was 15. Business career Wolff founded investment companies Marchfifteen (1998) and Marchsixteen (2004), which initially focused on internet and technology company investments. Since 2003, Wolff has concentrated on strategic investments in medium-sized industrial and listed companies. Investments included the German HWA AG, in which Wolff bought a 49% stake in 2006 listing the company on the stock exchange in 2007. The company ran the Deutsche Tourenwagen Masters race program for Mercedes-Benz, developing F3 engines and the Gullwing Mercedes-Benz SLS AMG GT3 racing car.