Toto Wolff: Mercedes unaffected by ‘socio-economic experiment’ global tariffs

Wolff on global issue of tariffs: "It hasn't hit us yet"

Mercedes team principal Toto Wolff spoke in Jeddah about how the recent global issue of tariffs is affecting the team. Wolff said “It hasn’t hit us yet.” The latest plot twist to hit the sport Much is said about the impact Drive to Survive has on modern day Formula One. However, even the producers of Netflix’s number one show could not have predicted the latest plot twist to hit the sport. U.S. President Donald Trump has seemingly wasted no time…

Toto Wolff: Mercedes unaffected by ‘socio-economic experiment' global tariffs

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Toto Wolff: Mercedes unaffected by ‘socio-economic experiment’ global tariffs

Mercedes boss Toto Wolff has branded the turmoil surrounding US tariffs as a “socio-economic experiment”, but insists the situation hasn’t impacted the Formula 1 team. Since returning to the US presidency in January, Donald Trump’s administration has triggered uncertainty in the global economy with a sweeping series of fluctuating import tariffs. F1, now increasingly reliant on American investment and presence, has naturally been keeping a close…

Donald Trump's decisions on taxes between the United States and the rest of the world are often pointed out by their unpredictable appearance, since the American president makes them evolve as he pleases, without any real economic foundation. Toto Wolff, the director of Mercedes F1, acknowledges his close interest in this situation. "I have a training in finance and that's why I'm interested in this question," Wolff said. "What's happening, what…