F1 News, Reports and Race Results

Wolff says talks over F1 CEO role 'never went anywhere'

Mercedes boss Toto Wolff acknowledged that he held talks with Liberty Media over taking on the role of CEO of F1, but ultimately discussions "never went anywhere".

Formula 1 confirmed on Friday the appointment of former Ferrari team boss and current Lamborghini CEO Stefano Domenicali as Chase Carey's successor at the helm of the sport from 2021.

But in the past, Wolff was often cited as a potential candidate to take over the reins of Grand Prix racing. The Austrian says that he did indeed discuss the prospect with Liberty Media chief executive Greg Maffei.

"I think everybody knows that there were some initial discussions with Greg, and it never went anywhere," Wolff said in Sochi after the announcement of Domenicali's nomination.

"We get on well, I respect Greg Maffei a lot for what he has achieved, but I love where I am.

"I found out that I love the stopwatch so much, the competition and the racing, that where I am today, co-owner of the team with Mercedes, I have to pinch myself every single day.

"And in the end it wouldn’t have gone anywhere anyway because Ferrari wouldn’t have accepted that."

Indeed, the all-powerful House of Maranello still holds the right to veto certain major decisions from F1, under certain conditions. And Wolff's candidacy would have likely proved problematic for Mercedes' arch-rival Ferrari.

"They have this right and if you have that right, it’s very easy to – I respect it, absolutely, I would’ve probably had the same thoughts.

"At the end maybe [I would’ve made a] different decision, because you’ve got to have the best guy to run the sport – but I think they have the best guy today, Stefano is just the real deal.

"He’s been a sporting director, a team principal, has gone through difficult times and successful times, has been involved in the Audi Formula 1 project for a while and at the end was the guy that led Lamborghini to tremendous performances – financial performances and also honestly the cars are great.

"I think he’s a very very good choice for the role."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

Recent Posts

Cadillac confirms ‘substantial upgrade package’ for Austria

After Cadillac’s Sergio Perez recently hinted that fresh performance gains were on the way, the…

8 hours ago

Domenicali suffers for Alonso: ‘I hope he'll be here for a long time’

Fernando Alonso has spent much of his Formula 1 career tormenting rivals. But these days,…

10 hours ago

Formula E sheds urban identity - embraces F1 tracks in Season 13

The ABB FIA Formula E World Championship has revealed its highly anticipated 21-round calendar for…

11 hours ago

Hirakawa in the saddle with Haas in Austrian GP FP1

Toyota protégé Ryo Hirakawa's Formula 1 journey will take another step forward this weekend as…

12 hours ago

Stewart offers Matra and France their 'Jour de Gloire'

On this day in 1968, Jackie Stewart delivered the first triumph to a French constructor…

14 hours ago

FIA approves major changes to future Formula 1 engine rules

The World Motor Sport Council has officially ratified major updates to Formula 1’s future power…

15 hours ago