Toto Wolff wants to find a successor in the “next few years”

© Steve Etherington for Mercedes-Benz Grand Prix Ltd.

Mercedes team boss Toto Wolff says he would like to “see a team principal coming up” that would take over from him, while he transitions “into a new role”.

Wolff’s contract with Mercedes will expire at the end of 2020. The Austrian has already said he was contemplating his future and, while he is still committed to the team, he can see himself moving into a different role.

With the COVID-19 pandemic making Formula 1 follow strict social isolation protocols, Wolff admits the difficulties of the 2020 season are taking their toll on him.

“The truth is it’s taking a toll on all of us and I’ve always been of the opinion that you should never go from very good to good, because then somebody else should take the baton and run,” said the Austrian.

“I still feel I can make a contribution, I actually enjoy the race weekends a lot, and I’ve come to enjoy them more since lockdown and I just need to think how I would like to structure the team going forward.”

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Recently the Managing Director of Mercedes AMG High Performance Powertrains Andy Cowell stepped down from his position and the transition to new leadership has been gradual.

“Like we’ve done in the past in the technical department when we had a great handover of responsibilities whilst keeping the know-how and the senior leadership in the company, while also not creating a bottleneck for the young talent to come up.

“This is something which I find very interesting and I am looking forward into the next few years.

“It would very much make me proud to see a team principal coming up, taking over from me, and doing a better job than I could have done at that time.

“This is a really interesting project for me, but I don’t feel that I would let the team down.

Despite this, Wolff again reiterates his commitment to the team.

“I’m a shareholder and I will stay with the team – that is what we’ve agreed with Daimler – but maybe then in another function.

“Whether it is CEO or chairman we haven’t figured out, but Daimler has very much given me the choice.

“But before I transition into a new role, I need to make sure that somebody else is doing the 23 races and I can enjoy myself in front of a Zoom screen.”

“I’ve spent quite some time thinking about it and also involving the leadership within MGP and we haven’t identified the structure for the future.

“So I can’t tell you if it’s a year, two or three, but the main thing is not me having had the toll of the racing because I enjoy the competition. And as long as I enjoy the competition I think I can contribute to the team’s success.

“But whilst enjoying myself I also need to make sure that there is a transition sometime in the future and I don’t know when that is because I haven’t identified the right person yet,” concluded Wolff.

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