Toto Wolff has signed a new three-year deal to remain on because the workforce principal and chief government of Mercedes F1.
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No monetary particulars of the deal have been accessible on the time of publishing.
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Wolff, who owns a 3rd of Mercedes F1, instructed the Telegraph, external that he has prolonged his contract till the tip of the 2026 season.
Toto Wolff, 52, has been with Mercedes since January 2013.
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The workforce is equally owned by Wolff, Mercedes-Benz, Wolff and a subsidiary of Ineos, which is managed by Manchester United investor Sir Jim Ratcliffe.
Lewis Hamilton completed third within the drivers’ championship final season with compatriot George Russell ending eighth.
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The workforce has gained just one race because the 2021 season.
The 2024 Formula One season begins with the Bahrain Grand Prix on Sunday, 2 March.
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