Toto Wolff has scoffed at reports that he is being primed to take over the role of Formula 1 CEO from Chase Carey as of 2021 onwards, the Mercedes chief insisting he is in a unique position and intends to stay for the long term with the all-conquering team he built.
Wolff told Kronen Zeitung. “I wouldn’t be taking my job seriously if I participated in such speculation. A journalist wrote a funny story which is full of speculation.”
“But I will be at Mercedes for a long time and have a great undertaking to lead this team. It’s fun and not something I want to change.”
“There is so much speculation going on out there, but I don’t have a normal role with Mercedes. I am in a super situation, I’m a shareholder in the team, I love to be with these people and relationships matter to me. I’m in a happy place, motivated every single day I do this.”
“There are some more years into my current contract and I think with all the other discussions you’re having, with drivers for example, I think you need to be 100% with your head in your role. This is what I am. I am not contemplating any change after 2020.”
Wolff insists that the arrival of new Daimler CEO Ola Kallenius, set to replace Dieter Zetsche next year, has “Formula 1 in his heart” and will back the team because “we generate a huge amount of media, so nobody questions it.”
The 47-year-old Austrian has reigned over a team that is widely regarded as the best ever in the history of the sport.
On Wolff’s watch the Silver Arrows have won ten F1 world title in the past five years and it would be brave to bet them winning a dozen by the time this year ends.
Big Question: Who would be better as F1 CEO: Chase or Toto?