Toto Wolff gets a bigger job at Williams

July 24, 2012 by Joe Saward

Toto Wolff has become an Executive Director of Williams Grand Prix Holdings PLC with immediate effect, stepping up his role within the company from that of Non-Executive Director. In his new role Toto will assist and support Sir Frank Williams in his continuing position as Team Principal.

As a shareholder in and Executive Director of Williams Grand Prix Holdings PLC, Toto will work closely with Sir Frank Williams, each being a long term and committed shareholder of the business.

While it is clear that the team has needed a new day-to-day figure to replace Adam Parr, it is not clear just how much Wolff will be doing. He owns only around 16 percent of the shares, compared to Williams’s 50.3 percent and has other businesses that keep him busy, so it remains to be seen whether or not he will do more than be a front man at races.

“Toto’s new role, working closely alongside myself, is about Williams looking forward and managing the successful running of the company. I am looking forward to our new working relationship and I have every belief that this partnership will help take Williams F1 from strength to strength,” Williams said.

Posted in F1 Drivers | 17 Comments

17 Responses

on July 24, 2012 at 10:20 am The Kitchen Cynic

I imagine he will continue to exercise no influence whatseoever over choice of ‘test’ driver, obviously…
- on July 24, 2012 at 1:03 pm Michael C
  
  She might be a bit more diplomatic (and better for the team image) than one of the current regular drivers!
- on July 25, 2012 at 6:16 am Adrian Newey Jnr
  
  I wonder if they’ll reconsider after the Marussia accident…
on July 24, 2012 at 10:26 am Steve Deakin

Joe, what is your view on Adam Parr, and the reasons why he left?
- on July 24, 2012 at 10:50 am Joe Saward
  
  The team chose Bernie Ecclestone over him.
  - on July 24, 2012 at 12:25 pm Teddies 51
    
    Parr for the course then……………………
    - on July 24, 2012 at 2:37 pm BenW
      
      Ooooffff
  - on July 24, 2012 at 1:42 pm BasCB (@Logist_BCB)
    
    A choice its hard to argue with if one wants to be successful in F1!
on July 24, 2012 at 11:45 am davcuk

good decision, could be a boullier for williams, very similar guys both passionate and young
on July 24, 2012 at 1:40 pm Nigel Kat

Succession planning. Bit late but a wise move nonetheless.
on July 24, 2012 at 3:08 pm John J

Does make you wonder who could fill the gap that Williams need plugging. Joe, do you have any insight into the rumours from several years ago that Dave Pitchforth (ex Jaguar) was up for a job at Williams? Alawys struck me he would have worked well there.
- on July 24, 2012 at 4:11 pm Joe Saward
  
  I think that Pitchforth would have been a very good choice. Obviously the folk at Williams think otherwise. It is their company to do with as they please.
on July 24, 2012 at 5:46 pm Pedro A

What are the chances of Toto Wolff taking over the team entirely one day soon? From Walter Wolf to Toto Wolff…
- on July 24, 2012 at 9:14 pm The Kitchen Cynic
  
  I did wonder that until Ms Williams was promoted….is she now the heiress apparent?
on July 25, 2012 at 12:14 am Hannah

A little of topic but have you heard anything regarding the recovery of the mechanic that was burned badly in the fire at Williams. My thoughts are still with him and his family. Thanks
- on July 25, 2012 at 6:00 am Joe Saward
  
  Yes, I believe he was at the British GP.
on July 25, 2012 at 6:17 am Adrian Newey Jnr

Does this mean if I buy a few shares in the company I can get a job?