Torger Christian "Toto" Wolff is an Austrian billionaire motorsport executive, investor and former racing driver. He holds a 33% stake in the Mercedes-AMG Petronas F1 Team and is Team Principal and CEO of the team.

Mercedes-Benz, a German luxury automotive brand of the Mercedes-Benz Group, has been involved in Formula One as both team owner and engine manufacturer for various periods since 1954. The current Mercedes-AMG Petronas F1 Team is based in Brackley, England, and possesses a German licence. An announcement was made in December 2020 that Ineos planned to take a one third equal ownership stake alongside the Mercedes-Benz Group and Toto Wolff; this came into effect on 25 January 2022. Mercedes-branded teams are often referred to by the nickname, the "Silver Arrows".