24 July 2012. Grove, UK. Today it has been announced that Toto Wolff will 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.
Sir Frank Williams, said: “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.”
Toto Wolff, said: “It’s a great honour for me to be assisting and supporting Sir Frank in his role as Team Principal at Williams. I have been a shareholder in the business since 2009 and I am really looking forward to being able to take my responsibilities to a new level. I know that together we will work tirelessly to make the Group and team as successful as it can be.”