Mercedes boss Wolff reveals new mindset about his Formula 1 future

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Mercedes boss Wolff reveals new mindset about his Formula 1 future
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🗣️'It took me one year to digest that, that I don't want to go back into the [financial] industry.' Toto Wolff has revealed 'a big change' in his mindset concerning his own F1 future, which means he will stay committed to the Mercedes team ⬇️

The Austrian first arrived in F1 as a Williams shareholder in 2009, before becoming team principal and co-owner of Mercedes from 2013.

But after contemplating whether he had the desire to continue, Wolff has explained that his thought process actually went the other wayNow, as revealed in an exclusive interview with Autosport, Wolff has said previous ideas of cashing out on his F1 investment have been banished.“My plan in a way was that when I'm 49, I'm going to stop doing this. Because as a 50-year-old, you're grown up, you're not being team manager anymore.

“It took me one year to digest that, that I don't want to go back into the [financial] industry where I have been doing that 25 years. But actually, I wanted to become a real entrepreneur, and keep this forever. That was the moment to keep on.”Wolff explained that in his early years at Mercedes, everything was focused on making the team a success because of the increase in value that would bring to the squad.

“So, it was 2013/14/15, plus 2016/17/18. And then I signed another one 2019/20/21. And in 2020, I didn't know if I wanted to continue doing this or not. So, it was always previously linked to a contractual term. Whereas now, it's not anymore.”

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