Moreover, the prize money would be distributed within the 11 teams instead of the previous ten-team distribution. As a result, Toto Wolff took a dig at Cadillac’s reported $450 million dilution ...
In order to join Formula 1, burgeoning teams must pay an ‘anti-dilution fee’ in order to compensate the other 10 teams on the grid for the impact of its arrival on the prize fund. The fee ...
Toto Wolff says it is a “no brainer” to add ... payments to the current teams and contributing to the future prize fund is “not great” as it stands – though he is not yet in a position ...
In F1, all teams agree to the Concorde Agreement, a commercial agreement between the organisations and Formula One Media. The terms of the deal dictate, among other things, the ‘anti-dilution fee’, ...
Toto Wolff’s life changed during a fateful day at the Nurburgring Nordschleife in 2009, when a tyre on his Porsche 911 RSR cried enough. Wolff had been determined to break a lap record at the ...
FIA president Mohammed Ben Sulayem is open to adding a 12th team onto the F1 grid, despite team principals Toto Wolff and ...
Toto Wolff has conceded Mercedes will struggle to “get rid” of their performance fluctuations during the 2025 F1 season. Mercedes claimed four race victories split between Lewis Hamilton and ...
Toto Wolff has labelled Lewis Hamilton’s unveiling at Ferrari last week as “iconic” as the Mercedes boss looks ahead to life ...
Toto Wolff has challenged his Mercedes colleagues to "draw the right conclusions" in the hunt for more Formula 1 title glory. Not so long ago, the Silver Arrows were the sport's dominant force ...
ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 23: Mercedes GP Executive Director Toto Wolff looks on at ... [+] the Mercedes GP Team Photo during previews ahead of the F1 Grand Prix of Abu Dhabi at ...