P1racenews AI automatic summary:
Toto Wolff has penned a contract extension with the Mercedes Formula 1 team, tying him down to at least the end of the 2026 season.
Toto Wolff has extended his contract as Team Principal of Mercedes until at least the end of 2026, motivated by his desire to bring the team back to championship-winning performance. Under Wolff’s leadership, Mercedes achieved seven consecutive double championships from 2014 to 2020 but struggled after the introduction of new technical regulations in 2022. Despite a winless season in 2021, Mercedes finished in second place behind Red Bull. Wolff acknowledges the challenge ahead but believes that the team has the motivation and energy to climb back to the top and is already focused on the changes that will come in 2026, including sustainable fuel and a different power unit and aerodynamic package.
