Staff Principal, CEO and co-owner of the Mercedes-AMG Petronas Formulation One Staff, Toto Wolff, has acquired an Honorary Diploma from Cranfield College in its annual commencement celebrations.
Wolff, who has led the crew to an unprecedented seven consecutive World Championship doubles, attended the campus to gather his diploma from Professor Sir Peter Gregson, Chief Govt and Vice-Chancellor of Cranfield College, a part of a Covid-secure occasion.
He and his spouse Susie, who’s Staff Principal of Rokit Venturi Racing in Formulation E and herself a former racing driver, met with Professor Helen Atkinson, Professional-Vice-Chancellor, Faculty of Aerospace, Transport and Manufacturing, and members of the College’s motorsport college.
On receiving his diploma Wolff, stated: ‘I’m very proud to be receiving an Honorary Diploma from Cranfield College. It’s a particular second, notably due to the good work and collaboration between the Mercedes F1 Staff and Cranfield College through the years, which I do know will proceed, too.’
He continued: ‘I wish to go my because of Cranfield College for the chance. I’m now an honorary Physician of Science, which isn’t one thing I ever anticipated to be, particularly after failing to finish my undergraduate research in Vienna! I really feel each privileged and honoured to be recognised by such a prestigious establishment.’
Professor Sir Peter Gregson stated: ‘We’re delighted to welcome Toto Wolff to Cranfield College and be capable to current his Honorary Diploma in particular person. Cranfield is a world college, and our commencement celebrations recognise the superb achievements of those that have studied at Cranfield and those that are receiving honorary levels for his or her excellent contribution to enterprise and society.’
Born in Vienna, Austria, Toto Wolff studied on the Vienna College of Economics and Enterprise. He had a brief racing profession, together with a 24-hour endurance class victory, earlier than transferring his aggressive ambitions to the enterprise and funding world.
He based funding firm, Marchfifteen in 1998, adopted by Marchsixteen in 2004, the place considered one of his investments was HWA AG, the corporate accountable for the Mercedes-Benz DTM and Formulation 3 engine programmes.
In 2009, Toto entered the world of Formulation One by buying a stake within the Williams F1 Staff, turning into Govt Director of the crew in 2012. Shortly after that, he was appointed Managing Associate of the Mercedes F1 Staff and purchased a 30% stake within the Brackley-based firm, alongside co-shareholder Niki Lauda.
On the identical time, he assumed the function of Head of Mercedes-Benz Motorsport, with total duty for the corporate’s works motorsport programmes, which immediately embody Formulation 1 and Formulation E.
In his time on the helm, the Mercedes F1 crew has achieved an unprecedented seven consecutive World Championship doubles to change into probably the most profitable crew in Formulation One historical past.
Toto is proud to steer the Mercedes F1 Staff’s dedication to range and inclusion, together with growing focused schooling initiatives to encourage and assist college students from under-represented backgrounds who aspire to achieve F1. By the Speed up 25 programme, the crew goals for at the very least 25% of all new starters on the crew to come back from under-represented teams in every year from 2021 to 2025.