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Wolff takes on Merc management role
Toto Wolff is the new executive director of the Mercedes F1 team and has joined Niki Lauda in acquiring a stake in the company.
Wolff, who also has shares in the Williams F1 team, stepped down from his position with the Grove-based outfit on Monday morning to take up a role at Mercedes.
The new job will see Wolff take over complete co-ordination of all Mercedes-Benz motorsport activities while also becoming a shareholder in the F1 team.
"Mercedes is one of the most important participants in motorsport worldwide," said the 41-year-old. "I am not only a big fan, but also a longstanding friend and enthusiast of the brand.
"I am looking forward to the challenge and, along...
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12y ago from PlanetF1.com
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