Moreover, the prize money would be distributed within the 11 teams instead of the previous ten-team distribution. As a result, Toto Wolff took a dig at Cadillac’s reported $450 million dilution ...

In order to join Formula 1, burgeoning teams must pay an ‘anti-dilution fee’ in order to compensate the other 10 teams on the ...

Toto Wolff, the principal and CEO of the Mercedes-AMG Petronas F1 Team, was so burned out in 2020 that he seriously thought about selling his stake in the $1 billion team. In an interview with ...

Toto Wolff says it is a “no brainer” to add ... payments to the current teams and contributing to the future prize fund is “not great” as it stands – though he is not yet in a position ...

Mercedes team boss Toto Wolff believes Cadillac’s proposed F1 entry fee is too low. Image: REUTERS/Evelyn Hockstein Cadillac ...

Toto Wolff was kicked out of school along with his sister as a teenager after his parents were unable to pay the fees for the private school he attended in Austria. Over three decades later ...

Toto Wolff said an emotional farewell to Lewis Hamilton as the Brit formally completed his final duties as a Mercedes driver. Hamilton is headed to rivals Ferrari in the New Year having announced ...

Mercedes team principal Toto Wolff has recently unveiled details about the contracts of Formula 1 drivers George Russell and Kimi Antonelli. Both contracts extend through the 2025 season ...

In order to join Formula 1, burgeoning teams must pay an ‘anti-dilution fee’ in order to compensate the other 10 teams on the grid for the impact of its arrival on the prize fund. The fee ...