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Daily Mirror
Daily Mirror
Sport
Tom Sunderland

Inside Toto Wolff's fortune after F1 chief becomes billionaire amid Mercedes struggles

Mercedes may be struggling for consistency in recent times, but team principal Toto Wolff continues to prove himself a monetary master after achieving billionaire status.

That's according to Forbes, who now value the Austrian investor and motorsport enthusiast at $1billion (around £800m) after enjoying sustained success in Formula 1 and beyond. That sees Wolff level with NBA legend LeBron James (also $1bn) and golf icon Tiger Woods ($1.1bn), each of whom are now valued at 10 figures.

Netflix's 'Drive to Survive' series is credited with steering this fresh wave of fortune for Wolff despite the fact Mercedes' results have plateaued over the past year or so. A new global audience is tuning into F1 after the show became such a streaming hit, with Wolff apparently enjoying a windfall as a result.

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