His acquisition of 33% stake in Mercedes valued at $165M will be one of the most underrated and wild sports value-building stories.
Today the stake is valued at beyond $2 billion, of which he has also done a partial sale. Absolute legend of the sport of F1 and in his own league as a man.
I am missing details of this “rags to riches” story. In no particular order: 1) the fact that the father was ill and that the family was downwardly mobile in terms of income doesn’t mean the family itself was not wealthy in terms of contacts, heritage etc. 2) if he was so poor, how did he fund initially his racing career? 3) How did he find investors in his VC fund? Not exactly easy to start a fund with no wealthy people backing. 4) how did he meet Hakkinen?
An amazing story
Glad you enjoyed it!
Incredible read, thank you for this!
Thank you! Glad you enjoyed it!
Unbelievable!
Glad you enjoyed it!
Great piece to read this Sunday AM
Love to hear it!
I was already a fan of Toto but didn't know his story. This is a great read!
Thanks Nikita! So glad you enjoyed it!
Awesome read and progression Lali!
Thank you Marshal!
Toto Wolff turned pressure into performance, that’s the real edge at the top!
He's a legend.
His acquisition of 33% stake in Mercedes valued at $165M will be one of the most underrated and wild sports value-building stories.
Today the stake is valued at beyond $2 billion, of which he has also done a partial sale. Absolute legend of the sport of F1 and in his own league as a man.
It's an incredible story!
Thank you for writing this up, truly inspirational!
So kind, thank you. Happy it resonated with you!
Great read amazing story
Thank you! Incredibly inspirational!
I am missing details of this “rags to riches” story. In no particular order: 1) the fact that the father was ill and that the family was downwardly mobile in terms of income doesn’t mean the family itself was not wealthy in terms of contacts, heritage etc. 2) if he was so poor, how did he fund initially his racing career? 3) How did he find investors in his VC fund? Not exactly easy to start a fund with no wealthy people backing. 4) how did he meet Hakkinen?