Wer ist toto wolff

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Under the leadership of Toto Wolff, the Silver Arrows have developed into one of the most successful racing teams in the history of Formula 1, with the team rushing from victory to victory, almost unbeatable on the track. From 2014 to 2019, the Mercedes-AMG works team won all twelve possible individual and team classifications in the World Championship. Lewis Hamilton alone became champion five times, the sixth driver's title is secured by Nico Rosberg, who announced his retirement immediately after his 2016 triumph and was then replaced by Valtteri Bottas in the cockpit. Six consecutive Constructors' titles have been won, a feat only achieved previously by the Scuderia Ferrari between 1999 and 2004. With twelve titles under his leadership, Wolff already ranks alongside Ron Dennis, Frank Williams and Jean Todt amongst the most successful team bosses in Formula 1 history. The secret of his success is a combination of empathy and perfectionism, which Wolff challenges and promotes within the team. He brings his personal experience from the cockpit that has been gained during his active motorsport career, even if it hasn’t gone completely as planned.

A passion for motorsport developed in the Vienna native, born on January 12, 1972, after a visit to the Nürburgring. At the age of 17, he followed a Formula 3 race on the legendary circuit together with friends and immediately fell in love with motorsport: “For a few years, racing was the only thing that counted.” In the following years, he also tried his hand behind the wheel. In 1992 Toto Wolff found himself in the cockpit of the Formula Ford, and in 1994 he won the 24-hour race at the Nürburgring in his racing class. And yet the young driver had doubts: "I was 19 or 20 years old when I became aware of something during a Formula Ford race: I was driving behind my friend Alex Wurz and although I could follow him, I knew he was doing something differently. His abilities were different. I realized that I didn't have the talent for it." The victory at the Nürburgring nevertheless put Wolff in the focus of the big teams who thus offered him a place in Formula 1. A unique opportunity he had always dreamed of – but he refuses. Wolff is convinced that his talent and his physical, as well as financial, prerequisites are not sufficient to be able to drive at the top of Formula 1 in the long term. "I tried to be realistic. We live in a world of specialists. Therefore, you have to understand what your talents are and where you can be successful. Then you have to develop it further." In 1994, Wolff announced his retirement from motorsport and focused on the business world.

This was followed by studies at the renowned Vienna University of Economics and Business Administration in commercial sciences. Wolff quickly proved his intuition for attractive and strategic business options. In 1998, he founded his first investment company. "You have to bring passion into your life. If you only go to your office without loving what you do, it is difficult to be successful." His strategic investments focused initially on internet and technology companies. In the end, however, Toto Wolff also found his way back to his beginnings in motorsport via investment transactions.

Together with the two-time Formula 1 world champion Mika Häkkinen, he became involved in the management of up-and-coming drivers, including the then Formula Renault driver Valtteri Bottas and the later DTM champion Bruno Spengler. "In a way, I tried to give back to young drivers what I was missing, and that was financing and advice." In the same year, he actively returned to the racetrack, if only as a hobby. In 2002 Wolff scored a victory in the FIA GT World Championship, in which he drove until 2006. It was a year of success, on and off the track. Wolff chose himself as runner-up in the Austrian National Rally Championship and won the 24h race in Bahrain. With the transformation of H.W.A. GmbH, the former motorsport department of AMG, into HWA AG, an attractive opportunity arose for Wolff to combine his interests in motorsport and investment. He acquired 49% of the shares from Hans Werner Aufrecht, one of the two founding members of AMG, which he did not sell until 2015. This was the beginning of strategic investments in the top tier of motorsport.

At the end of 2009, Toto Wolff joined the Williams Formula 1 team and quickly became a key figure. In 2012, he was promoted to Executive Director of the historic team. Wolff made a decisive contribution to the team's upswing as they achieved the first victory in eight years at the Spanish Grand Prix in the same year. For Williams, this was an outstanding success that not only made a major impact internally, but also attracted external attention. Shortly thereafter, Wolff received a call from Wolfgang Bernhard, the former Daimler board member. In a series of conversations, the central questions arose regarding how Williams managed to be successful as a small team and where Wolff saw deficits at Mercedes. From 2010, the brand with the star has been represented in the premier class of motorsport with its own works team, and also celebrated its first Formula 1 victory of the present day at the 2012 Chinese Grand Prix, but could not consistently compete to place well and fell short of its own expectations. In order to get to the bottom of the problem, those responsible gave Toto Wolff insights into the inner workings of the team and, at the same time, commissioned him to analyze the failures to date. Wolff's conclusion was that the Mercedes factory team was underfinanced compared to the competition – both in terms of budget and personnel, as well as a needing optimization of internal processes and structures.

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