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How did Toto Wolff buy Mercedes? – –

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Torger Christian “Toto” Wolff is an Austrian billionaire motorsport govt, trader, and previous racing driver.

He holds a 33% stake in the Mercedes-AMG Petronas F1 Group and is the Workforce Principal and CEO of the staff.

Wolff commenced his motorsport career in the Austrian Components Ford Championship and the German System Ford Collection.

Toto Wolff

He gained his classification in the 1994 24 Several hours Nürburgring and later on competed in the FIA GT Championship and Italian GT Championship.

Wolff’s father was identified with mind most cancers when he was eight years old. His dad and mom separated pursuing his father’s diagnosis.

His father died of the illness in the course of Wolff’s adolescence. He is of Jewish heritage.

How did Toto Wolff obtain Mercedes?

In 2002, Toto commenced a new venture, co-proudly owning a racing driver management corporation together with two-time System 1 Entire world Champion Mika Häkkinen.

After acquiring a 30 % stake in Mercedes-Benz Grand Prix Ltd.