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Mercedes F1 team owner Toto Wolff's net worth revealed amid struggles

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Mercedes,F1,Toto Wolff

Toto Wolff, who owns a 33% stake in the Mercedes F1 team, has a net worth of $1.6 billion (£1.27 billion), according to Forbes. Despite Mercedes' ongoing competitive struggles, Wolff recently stated that he doesn't have the choice to leave the team. Other F1-related figures, such as Mark Mateschitz, also feature in Forbes' billionaire list.

Wolff, who owns a 33% stake in the Mercedes F1 team, has been listed with a real time net worth of $1.6 billion (£1.27 billion). While Wolff is not enjoying much on-track success at the minute amid Mercedes ’ ongoing competitive struggles, he is certainly making up for it away from the circuit. Wolff recently insisted he hasn’t got the “choice” to leave Mercedes when questioned about his future as team principal .

"The big difference is it's not like the manager question in terms of, this is my job, I'll stop the job and then somebody else is doing the job and I'll go to Chelsea or to Liverpool, or over to Ferrari,” he said after Mercedes’ nightmare weekend at the Australian Grand Prix. "I haven't got that choice, which is also unfortunate. I'm not a contractor or employee that says, 'I've had enough of this’. Several other F1-related figures also feature in Forbes’ billionaire list, including Mark Mateschitz, the son of late Red Bull founder Dietric

Mercedes F1 Toto Wolff Net Worth Struggles Competitive Team Principal Forbes Billionaire Mark Mateschitz

 

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