Mercedes Formula One team principal Toto Wolff has seen his net worth soar to an all-time high of £2 billion ($2.7 billion), according to Forbes' latest rich list. The 54-year-old Austrian billionaire's wealth has increased by £670 million ($900 million) from the previous year, largely driven by the sale of a 15% stake in his Mercedes F1 shareholding to American billionaire George Kurtz in late 2025.
The transaction, which netted Wolff £230 million ($300 million), valued Mercedes F1 at £4.6 billion ($6 billion)—a record for any F1 team. Wolff's holding company controls one-third of the team, and the sale means Kurtz, founder of cybersecurity firm Crowdstrike, now owns 5% of Mercedes F1.
Wolff's financial boost comes as he reportedly eyes a stake in Alpine, putting him in direct competition with former Red Bull boss Christian Horner, who is also planning a return to F1 by buying shares in the Enstone-based team. Otro Capital, which purchased a 24% stake in Alpine in 2023 for around £170 million, is believed to be considering selling. Alpine team principal Flavio Briatore confirmed that a consortium led by Horner is among several groups that have initiated discussions about the shares.
Wolff's interest in Alpine could strengthen the existing partnership between Mercedes and Alpine, which began supplying engines to the team this season under a deal lasting until 2030. A Mercedes spokesperson acknowledged the connection, stating: 'Mercedes is a key strategic partner of Alpine and we are being kept apprised of the latest developments.' Alpine declined to comment on specific individuals.
Wolff, who previously held a 15% stake in Williams before joining Mercedes in 2013, has ample financial resources to pursue the investment. Meanwhile, Mercedes F1 enjoyed a strong start to the 2026 season with a one-two finish at the Australian Grand Prix, George Russell winning ahead of Kimi Antonelli.
