Career Timeline of Toto Wolff: Major Achievements and Milestones

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Toto Wolff

Discover the career path of Toto Wolff, from the first major opportunity to industry-changing achievements.

Toto Wolff is an Austrian billionaire investor and motorsport executive, most notably the team principal, CEO, and co-owner of the Mercedes Formula One team since 2013. Under his leadership, Mercedes achieved unprecedented success, securing eight consecutive World Constructors' Championship titles (2014-2021). He also led Mercedes-EQ to two Formula E World Teams' Championship titles. Wolff's career encompasses roles as a former racing driver and underscores his significant impact on motorsport management and investment.

1992: Started in Austrian Formula Ford Championship

In 1992, Wolff started his motorsport career in the Austrian Formula Ford Championship.

1994: Won Category in 24 Hours Nürburgring

In 1994, Toto Wolff won his category in the 24 Hours Nürburgring race, marking an early achievement in his motorsport career.

1998: Founded Marchfifteen

In 1998, Toto Wolff founded Marchfifteen, an investment company initially focused on Internet and technology companies.

1999: Ferrari's Constructor's Championships

Between 1999 and 2004, Ferrari set a record of six consecutive Constructor's Championships.

2000: Ferrari's Double World Championships

Between 2000 and 2004, Ferrari won five consecutive double world championships and five Driver's Championships.

2002: Finished Sixth in FIA GT Championship

In 2002, Wolff finished in sixth place in the N-GT category in the FIA GT Championship and won one race.

2003: Switched to Italian GT Championship

In 2003, Wolff switched to the Italian GT Championship.

2003: Focus on Strategic Investments

Since 2003, Wolff has concentrated on strategic investments in medium-sized industrial and listed companies.

2004: Ferrari's Constructor's Championships

Between 1999 and 2004, Ferrari set a record of six consecutive Constructor's Championships.

2004: Founded Marchsixteen Investments

In 2004, Toto Wolff founded Marchsixteen Investments, expanding his investment portfolio.

2004: Won Race in Italian GT Championship

In 2004, Wolff won a race in the Italian GT Championship with Lorenzo Case.

2006: Bought Stake in HWA AG

In 2006, Wolff bought a 49% stake in the German HWA AG.

2006: Runner-up in Austrian Rally Championship and Winner of Dubai 24 Hour

In 2006, Wolff was runner up in the Austrian Rally Championship and winner of the 2006 Dubai 24 Hour.

2007: Listed HWA AG on Stock Exchange

In 2007, Wolff listed HWA AG on the stock exchange.

2009: Lap-Record Holder

In 2009, Wolff became a lap-record holder on the Nürburgring Nordschleife in a Porsche RSR.

2009: Bought Share of Williams Formula One Team

In 2009, Wolff bought a share of the Williams Formula One Team and joined the board of directors.

2012: Named Executive Director of Williams F1

In 2012, Wolff was named executive director of Williams F1, and the team achieved its last race win to date at the Spanish Grand Prix with Pastor Maldonado.

January 2013: Joined Mercedes AMG Petronas Formula One Team

In January 2013, Wolff left Williams F1 to become an executive director of the Mercedes AMG Petronas Formula One Team. He also acquired 30% of Mercedes-Benz Grand Prix Ltd.

2013: Wolff Joins Mercedes

Since Wolff joined Mercedes in 2013, the team has achieved a winning percentage of 47%.

2014: Sold Shares in Williams

In 2014, Wolff sold two-thirds of his Williams shares to American businessman Brad Hollinger.

2014: Successes for Williams F1 and Mercedes Grand Prix

In 2014, as co-owner of both Williams F1 and Mercedes Grand Prix, Wolff celebrated numerous podiums and successes for both teams, including a 1–2–3–4 finish at the Austrian Grand Prix.

2014: Mercedes Driver's Championships

Mercedes also holds the record of seven consecutive Driver's Championships from 2014 to 2020.

2014: Turbo-Hybrid Regulations

Since the introduction of the turbo-hybrid regulations in 2014, Mercedes has won 116 of 234 races under Wolff's leadership, taken 124 pole positions, and achieved 270 from 468 possible podium finishes.

November 2015: Susie Wolff Retired as Test Driver

In November 2015, Susie Wolff, Toto Wolff's wife, retired as a test driver from Williams F1.

March 2016: Sold Remaining Shares in Williams

On 9 March 2016, Wolff sold his remaining shares in the Williams team.

2018: Most Successful Motorsport Year for Mercedes-Benz

In 2018, Mercedes-Benz achieved its most successful motorsport year, winning both F1 titles, the Formula 2 title, the Formula 3 European Championship, all three titles in its final season of DTM competition, both F1 Esports titles, and numerous championships in customer racing.

2019: Mercedes Secured Sixth Consecutive Double World Championship

In 2019, Mercedes secured its sixth consecutive double world championship at the Japanese GP, achieving an unprecedented feat in the history of the sport. Wolff became the only Team Principal to have won more than five consecutive double world championships.

April 2020: Acquired Stake in Aston Martin Lagonda Global Holdings plc

In April 2020, Wolff acquired a 4.95% stake in Aston Martin Lagonda Global Holdings plc as a financial investment.

June 2020: Held Stake in Williams F1

In June 2020, Wolff held a 5% stake in Williams F1 which was sold in the purchase of Williams by Dorilton Capital.

2020: Signed New Deal with Mercedes

After the 2020 F1 season, Wolff signed a new deal with Mercedes to continue as team principal and CEO for at least another three years, increasing his ownership stake to 33% upon investment from Ineos.

2020: Mercedes Secured Seventh Consecutive Double World Championship

In 2020, Mercedes secured its seventh consecutive double world championship, setting an all-time record. Lewis Hamilton also tied Michael Schumacher's record with his seventh world drivers' championship.

August 2021: Mercedes Wins Formula E Championship

In August 2021, Wolff attended a Formula E race in Berlin where Mercedes won both the drivers' and teams' championships. His wife, Susie Wolff, also achieved a milestone as the first female team principal on the podium.

November 2021: Appointed Associate Fellow at Oxford Saïd Business School

In November 2021, Wolff was appointed to an Associate Fellowship of the Oxford Saïd Business School for two years to transfer his understanding of high-performance culture, team leadership, and personal effectiveness from the racetracks into the classroom.

2021: Mercedes Secured Eighth Consecutive Constructors' World Championship

In 2021, Mercedes secured an eighth consecutive constructors' world championship but narrowly missed out on the drivers' crown after a controversial Abu Dhabi Grand Prix.

2021: Mercedes EQ Formula E Team Purchased

In 2021, Wolff had overall responsibility for the Mercedes EQ Formula E Team before their entry and assets were purchased by McLaren following the conclusion of the 2021-2022 season.

February 2022: Subject of Harvard Business School Case Study

In February 2022, Wolff's leadership of the Mercedes-AMG Petronas F1 Team was the subject of a Harvard Business School case study.

March 2022: Visited Harvard Business School

On 3 March 2022, Wolff visited Harvard to teach the case study to MBA students and lead a discussion on high-performance leadership and organisational culture.

May 2022: Named Executive Fellow at Harvard Business School

In May 2022, Wolff was named as an executive fellow at Harvard Business School, a role in which he will serve as guest lecturer.

2022: Mercedes EQ Formula E Team Purchased

In 2022, Wolff had overall responsibility for the Mercedes EQ Formula E Team before their entry and assets were purchased by McLaren following the conclusion of the 2021-2022 season.

2023: Signed New Deal to Stay with Mercedes

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.