Mercedes boss Toto Wolff over 1,000 times richer than F1 rival

Lewis Hamilton and Toto Wolff address 2021 F1 rumours in 2019

Toto Wolff is, by some distance, the richest team principal in F1, with his fortune dwarfing that of Aston Martin boss Mike Krack. Meanwhile, Ferrari chief Frederic Vasseur is a surprisingly long way down the pecking order in terms of wealth, despite taking charge of the sport’s most glamorous outfit.

Wolff’s vast wealth is now commonly known after Forbes elevated him to billionaire status earlier this year. The Austrian has been in charge of Mercedes since 2014, overseeing a period of unprecedented success, while he also owns a third of the team.

According to Crash.net, the Silver Arrows team principal’s fortune stands at exactly £1billion which, incredibly, is well over 1,000 times more than Aston Martin boss Krack.

Despite the team sitting second in this year’s Constructors’ Championship, having made significant strides during the off-season, Krack is rock bottom of all bosses on the grid in terms of wealth, with an estimated net worth of £800,000.

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That figure could skyrocket if Aston continue their superb start to the season, with their high-flying status sure to bring lucrative rewards. New recruit Fernando Alonso has been given a new lease of life since leaving Alpine, notching three podiums from three Grands Prix so far this year.

While McLaren boss Andrea Stella sits just ahead of Krack, Ferrari’s Vasseur is held to be the eighth-richest team principal on the grid with an estimated fortune of £2.5m.

Like Mercedes, the Prancing Horse are undoubtedly one of the biggest and most respected teams in F1, but Wolff’s vast fortune is more than 400 times larger than Vasseur’s. The Frenchman has only been in charge of Ferrari since the beginning of the season, and the pressure is already on after making a less than ideal start.

Vasseur’s predecessor, Mattia Binotto, left the team at the end of the last campaign following a string of strategic errors. Ferrari are no closer to the top of the pile in 2023, however, with Red Bull already 97 points in the distance after just three races.

Alfa Romeo boss Alessandro Alunni Bravi, well-known Haas figurehead Guenther Steiner, Williams newbie James Vowles, AlphaTauri team principal Franz Tost and Alpine’s Otmar Szafnauer are all reported to have multi-million-pound fortunes.

A long way ahead of them but still a huge distance behind Wolff is Red Bull boss Christian Horner who, since becoming team boss way back in 2005, has racked up an estimated net worth of £41.4m.

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