Wolff has proven that this sport runs in his blood; at the same time, he is also well aware of the economic necessities LEWIS Hamilton’s Mercedes Formula One team announced a major shake-up on Monday, with Austrian Toto Wolff arriving from rivals Williams as a significant minority stakeholder and executive director.Wolff, who will retain his shareholding in Williams — where his Scottish wife, Susie, is a development driver — will also take over co-ordination of all of Mercedes motorsport activities, parent company Daimler said. The latter role was previously held by Norbert Haug, whose departure was announced last month.Austrian Niki Lauda, the retired triple champion and non-executive chairman of Mercedes GP, will acquire a 10% stake in the team in a management trio completed by principal Ross Brawn.Wolff will own a 30% stake, with his and Lauda’s shares effectively those Abu Dhabi sovereign wealth fund Aabar Investments sold back to Daimler in November.There was no mention of Nick...
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