Wolff ‘contemplating’ future in different Merc role

Date published: June 4 2020

Toto Wolff

Toto Wolff has confirmed he is “contemplating” his future but that doesn’t mean he will be leaving Mercedes.

Signed as Mercedes motorsport boss, Wolff has been linked to a move to Aston Martin in recent months.

According to the reports, the Austrian, who has bought shares in the Aston Martin car company, is said to be considering taking over the Mercedes F1 team with his friend Lawrence Stroll and rebranding it Aston Martin.

Mercedes, though, has made it clear that the team is not for sale and that the German manufacturer has every intension of continuing in Formula 1 as a works team.

Added to that the company says Wolff isn’t going anywhere.

The Austrian has backed that up, conceding that while he is “contemplating” his future, it will be with Mercedes.

“Something I’m really proud of is that we have always transitioned senior members of the team into different roles,” he told The-Race.

“I’ve been lucky enough to be at the helm of Mercedes since early 2014. I really enjoy the interaction and working with all of my friends at the Formula 1 team and at Daimler. And this is something I wouldn’t want to miss.

“Nevertheless, I need to question myself. I don’t want to become a team principal that goes from great to good without realising that he is maybe not adding as much to the team as he did in the beginning.

“I still feel that I can add a lot, but of course I’m contemplating about my future.

“I am in discussion with Ola [Kallenius] about how that goes. It is not a simple employment contract but it involves a shareholding, and we are in the midst of the process in carving our joint future.

“I don’t want to stick to some particular wording whether that’s team principal or managing director, that plays no role.

“I haven’t taken any decision yet, because we haven’t even started racing. So, all these agreements and discussions are happening as we speak.”

As for his Aston Martin shares, that’s a “financial investment” towards Wolff’s future, a future he intends spending with Mercedes.

He explained: “On my future, I have bought a few shares in Aston Martin, as a financial investment.

“I believe in the brand, I think that the strategy that is being deployed makes sense. Tobias Moers the new MD is a guy that I’ve known for a long time, and I believe that he can turn around this business.

“There’s a very strong group of shareholders that are backing Aston Martin today that will not let it down, and therefore I’ve decided to be part of that group.

“My executive functions are unchanged – I’m at Mercedes, I’m the team principal, and I am a shareholder, and it’s clear that when there are no other headlines out there that the Aston Martin thing caused some waves.

“But I’m planning with Mercedes that I have the best intention to stay here. And that is unchanged.”

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