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?
really interesting
Glad you think so :)
What an insightful read!
So glad you enjoyed it :)
Never heard of Toto Wolff. Will definitely read up on him.
Never heard of Toto Wolff. Great article. Would be interested in learning more.
A beautifully crafted article on one of Formula One's most intriguing team principals and investors
Thank you, so glad you enjoyed it!
Very inspiring. Because of our trauma, we can see where—and how—we can become more resilient, in ways others often take for granted.
So true! Glad you enjoyed it. xx
I’ve spent the last year analyzing the monetization and engagement models of f1 teams vs f1.
I’m not sure how the substack algorithm chose to show me this, because I haven’t told anyone about it.
What a great article! I’m so glad I found your substack.
Ahhhh that is so nice of you to say. The Algorithm knows everything I suppose :)
Great piece
Thanks Jim!
Brilliant
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.
Great piece to read this Sunday AM
Love to hear it!
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?