Toto Wolff, the prominent face of the Mercedes Formula 1 team, has reportedly extended his tenure as team principal until at least 2026. This news, covered by Bild, Auto Motor und Sport, and La Gazzetta dello Sport, indicates that Wolff, who owns a one-third share of the team, is set for a longer stay at the helm.
Wolff, 52, confirmed his continued involvement with the team to La Gazzetta dello Sport, stating, “I’m staying here at least until 2026.” Despite this announcement, an official confirmation from the Brackley-based team is still pending, as noted by Auto Motor und Sport.
The Mercedes team is co-owned by Wolff, the German car manufacturer, and Jim Ratcliffe, the boss of Ineos, with each party holding a 33.3 percent stake. Wolff reflected on the decision to extend his contract, sharing, “In the end, the three of us decided ‘Let’s keep going’.”
Looking ahead, Mercedes’ 2024 car is set to be unveiled on February 14. Wolff shared some optimistic feedback from simulator driver Anthony Davidson about the new car, a hopeful sign after the team’s challenges with their 2022 and 2023 machines. “He said that for the first time in two years, the car feels like a real car,” Wolff relayed, indicating positive developments for the upcoming season.
